[dv_dt]

Well yes and no. Sometimes you can bring the industry back, but with a newer generation of technology. High capital investment industries like manufacturing I think are particularly amenable to generational leapfrogging because the original capital investors are very tempted to keep operating old methods for the margin. This gives an opening for any entity willing to make a new capital investment.

This is essentially what China did to a lot of US manufacturing, as well as SpaceX to old line aerospace giants.