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by riazrizvi 52 days ago
Pricing is based on customer value and restriction of customer options.

If we're paying $1000 for a Chinese phone that we'd pay $2000 for, we'll end up paying that price when the manufacturers have finally starved the professional capability to compete from the rest of the world. As we get closer to that point, the urgency to onshore is increasing.

Exploitation when we can get away with it is in our social nature as humans. So this isn't about the Chinese, or any other culture. It's just necessary for this to be onshored because it's critical.

1 comments

> we'll end up paying that price when the manufacturers have finally starved the professional capability to compete from the rest of the world

What does this look like, in practice? Once China and India and Vietnam "starve the professional capability to compete" (presumably in the manufacture of smart phones) from the US, what would actually change and why?

This would be a world where the top talent and training capability for that talent lives there. Our universities would have deteriorated, our professional class at this top level would have died off or relocated over there. Probably an example I can think of is the once great textile industry of Britain that is now in Asia.