Yeah, it does. When a superior technology appears it instantaneously supplants the old tech.It doesn't always work that way. Right now, it's not profitable to figure out a better way to do it. So corporations won't do it. That's when government steps in. We fund the R&D. Then your precious capitalism can take it over and make billionaire just like they did the internets.
People aren't stupid.
Well, leftists are, but normal folks aren't.
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