this post was submitted on 03 Aug 2024
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You are missing economies of scale. In most industries these create a significant barrier to entry. The patent may expire but the equipment is still expensive.
I'm not missing them. One thing is a
and another is legal monopoly.
Especially abominations like patenting an ISA. It's clear from the very beginning that an ISA is not an invention moving humanity forward, it's an interface. A language.
As of gigantic companies of today not finding replacement when they die - we would have the whole spectrum if not for IP and patent laws as they exist. For some uses MCs of 80s are sufficient. For some a desktop PC of 1993. For some a desktop PC of 1999.
I dunno why I'm writing these things, Marcus Aurelius has written many wise things, one of them is the advice not to think about things out of your control.