Coffee makes me sleepy in mid-morning, it weakens the tyranny of my Superego, letting me be assaulted by troublesome doubts about INTEL. The Asians have been outcompeting and destroying, one after another, Western industries. It started with the transistor, invented by Americans in 1947, which the Japanese made synonym with a small battery-operated radio. Sony, Sanyo, Panasonic destroyed Emerson, Raytheon, Westinghouse, Sylvania, Phillips. The American television industry was erased from the face of the Earth and the only TVs on the market are Korean or Japanese. Who remembers Admiral, Sylvania, Zenith? Sony walkman created a new industry. The Japanese started to make hand-watches, and the old Swiss watchmaking industry suddenly disappeared like the Neanderthals, and Rollex and Doxa which were the non-plus-ultra cannot be found anymore, only as luxury collector's items. The photograph market was invented and dominated by Kodak for a century, and the Polaroid, suddenly was no more and Japanese digital cameras took over. I remember the American auto industry, the enormous Ford and General Motors factories, which are ruins, and their shares. worthless. Toyota, Subaru, etc. utterly destroyed these admired and apparently indestructible champions. After such a pattern of defeats, what are the chances of INTEL?
I do not want to follow this line of reasoning to its logical end.
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