Quote of the Day: Detroit Must Die Edition

Robert Farago
by Robert Farago

Silicon Valley believes itself different from Detroit. From anywhere, really, In fact, they’re masters of the friggin’ universe! Detroit? Detroit’s automakers must die! Will die! Are dying. Die Detroit, die! Long live . . . Tesla?

“I do not believe that the U.S. auto business can be competitive,” said Ray Lane, a managing partner at Kleiner, Perkins, Caufield & Byers, told Automotive News [sub] “I don’t see any of these new car companies based in Detroit.”

Robert Farago
Robert Farago

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  • FreedMike FreedMike on Sep 21, 2009
    kaleun : September 20th, 2009 at 9:53 pm communism is derived from union ideas: ...and Nazism was based in part on Darwinism. Shall we hang the Holocaust on poor old Charles? I think not. There is a VAST ideological difference between workers organizing for a better deal and the government owning every last piece of property and means of production, wouldn't you say?
  • Thinx Thinx on Sep 21, 2009

    Wow - how old is that Silicon Valley map? More than half of those tech companies are gone already.

  • Kps Kps on Sep 21, 2009
    …and Nazism was based in part on Darwinism. A favourite talking point of Creationists, but actually, Plato was promoting a totalitarian state eugenics program 2,200 years before Darwin was born.
  • Rada Rada on Sep 22, 2009

    A lively discussion on Marxism/Communism and so on. Recently I read a piece by Tyler Cowen on what an end of scarcity will look like. I mean, at some point most of our immediate needs will be satisfied, and the energy of thermonuclear reaction will be tamed, and then what? Won't the economics look pretty much communist? Excluding only the trully rare things, the concept of ownership will become very weak. Things like money will become weak as well, but risk-taking will probably soar, since the economic punishment would be removed, and historical fame would remain the only thing still rare. How this all related to manufacturing/autos - there are just too many auto companies around the world. Margins are thin, conventional ICE technology becoming commodittized. There is no scarcity in autos, in a world that isn't post-scarcity yet.