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throwaway20222 | 1 year ago

There were hundreds of failed automotive companies and parts suppliers though. I think the argument is that many will die, some will survive and take all (most)

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aurareturn|1 year ago

But that happens in every bubble. Over investment, consolidation, huge winners in the end, and maybe eventually a single monopoly.

danielmarkbruce|1 year ago

There isn't a rule as to how it plays out. No huge winners in cars, no huge winners in rail. Lots of huge winners in internet.

TeaBrain|1 year ago

>There were hundreds of failed automotive companies

What companies are you referring to?