[pc2g4d]

The last steps I still can't fathom. When everything is outsourced to China, it is inevitable that you, now a mere middleman, will be cut out.

So by maximizing profit at each step along the path, the company destroys itself. Which ultimately sends profit to zero.

So... there's a break in logic somewhere. A link in the chain where responsibility isn't taken.

[iamflimflam1]

It’s hubris and arrogance to be honest.

For a long time the belief was that places like China could do the dirty manufacturing work, but they would never be able to do the advanced work.

Then it was they could do the advanced work, but the deep R&D was impossible for them.

It’s been a constantly moving goal post of - ok, so maybe they can do this now, but they can’t do this higher end bit - we’ll keep that.

At the moment it feels like the last hold out is the sales and marketing. Getting the product into the hands of the consumer.

But that is also under attack - sites like AliExpress, Temu and others are the first attempts at getting direct to consumer. They aren’t quite there yet, there isn’t the trust that people have in existing incumbents. But it’s only a matter of time before they crack it.