REPORT: Arm is sensationally canceling the license that allowed Qualcomm to make Snapdragon chips which power everything from Microsoft's Copilot+ PCs to Samsung's Galaxy smartphones and tablets
REPORT: Arm is sensationally canceling the license that allowed Qualcomm to make Snapdragon chips which power everything from Microsoft's Copilot+ PCs to Samsung's Galaxy smartphones and tablets
The license cancellation could massively disrupt the Arm PC, AI, and smartphone market.
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Being free to innovate and keep your own ideas to yourself sounds like it should be part of the free market though.
Forcing people to disclose their (mental) secrets seems bizarre.
I'm not arguing for any policies, just explaining what would be necessary to make the theoretical model of the free market a reality in actual reality: It assumes perfect information and perfectly rational actors, it's a tall order.
What definition are you going by?
Adam Smith's. He pioneered rational choice models in general. Came up with the whole shebang that 20yold econ 101 students love to ignore in favour of "free market is if I get a fat payout".
And why should I listen to someone that defines a word differently than everyone else?
Adam Smith came up with it. It's also how actual economists use it. Don't confuse that with how business majors, politicians, and generally peddlers of institutionalised market failure use it.