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by Aromasin
2 hours ago
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Short term buyer habits don't necessarily track technological progress - they tend to be resistent, then inertia is broken and consumers buy en-mass. Companies need to brunt to cost of innovation until the cost benefit analysis makes sense for consumers. Mobile phones were a passing fad for niche power users until companies threw so much money at them so they weren't, and we became reliant on carrying one. Same can be said for thousands of other products. Nobody used them until suddenly we all were. We're seeing a moores-law-like improvement in electric cars and their power densities. If the American car manufacturers don't want to be a part of that progress, it's on them, but Asia and Europe will continue to innovate in that area and the US will be playing catch up because they're servicing what consumers want now, not what they will probably want in the future. |
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