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rurich2747 2 hours ago

Take solar or battery technology — that requires deep knowledge of materials and chemistry that you don’t get from an undergrad. And why ASML didn’t get built in the US. Or why TSMC exists in Taiwan

They lead because of a devotion to depth of expertise - not becoming a billionaire

So again, if you want sustainable hugely profitable 0-1 companies you better hope for a monopoly business, and why lobbyiny government to protect your rents is a faster alternative to PHDs, Postgrads, and long term industrial policy