We will see if it works... In one hand, it can free the tech from our own scaling limitations, in another hand, partners can easily destroy each other by racing to the bottom. We will see.
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I'm thinking of Raspberry as the prime example of successful open hardware. Everybody is stoked to learn the next release's specifications but dozens of companies build cheap replicas. Many still buy the more expensive brand while other brands establish as more or less reliable. A fascinating market.