2026-07-10 14:41 UTC
Replies (5)
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@JustinH@twit.social 2026-07-10 14:47
@rysiek@mstdn.social This electric car stuff reminds of when Kodak didn't fully pivot over to digital photography. Short term gains are what shareholders want, and larger changes in the ecosystem are basically impossible for large companies to adapt to.
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@TrueNorthSpice@mastodon.world 2026-07-10 14:48
@rysiek@mstdn.social Headline Rewrite: "Wilfully Irresponsible Industry Leaders Claim 'Not My Fault' and Make Absurd Bailout Demands" The government should take control of these companies after firing all the CEOs.
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@hyc@mastodon.social 2026-07-10 14:59
@rysiek@mstdn.social sounds much the same as the US auto industry. https://mastodon.social/@hyc/116715038060283349
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@mr_harm@mastodon.social 2026-07-10 15:45
@rysiek@mstdn.social I would argue that is only partly true. Yeah there are quite some issues within the German, rather European automotive industry - but the Chinese threat is far bigger, not only for the automotive area but all high tech products where China decides to compete. The problem is that China does not play by any rules. The currency is completely undervalued, giving them an advantage of 30% - on that alone. The mechanisms that would counteract this are basically blocked.
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@photovince@mastodon.social 2026-07-10 17:52
@rysiek@mstdn.social I know who were paid to make ‘bold decisions’ a decade ago, and instead they doubled down on fossil fuels and faked emissions tests. I know who should pay for this and it’s not the citizens