In the year of 1984 the Brazilian Government introduced a new panacea of protectionist politics called “National Policy of Informatics” It prevented international companies sell and commercializing computer products in Brazil to guarantee that only the local industry had that right.
Well, the wet dream of protectionists ends up being a nightmare for the most interested and directly affected, “the consumers”.
Products at most parts of that era were copies or reverse engineering of products sold in Japan, USA, and Europe, and they were sold at prices overinflated to 3 times and obsolete by 2 or 3 generations.
And we are seeing something stupid like this again with the current AI Regulation copying things done by EU that are not the best practices in the market, that will ensure that again we will not have a top-of-market industry, the pains of being government by many commodities-sellers-minded politicians.
Source link
lol
