As for 2), it is less about outsourcing and more about gradual loss of competitiveness. The scientific and technological development between 2000 and 2020 led to a lot of corporations, not just in the U.S., falling out of the race because they could not keep up the pace. Nowadays, only Samsung and TSMC are left, with Intel lagging behind, but still not completely out.
Similar consolidations have happened in the past and in other industrial fields. This time, two of the three surviving champions are simply not American.
This is an interesting take, I'd be curious how it applies to other industries. Is outsourcing an artifact of loss of technical/execution competence required to be competitive?
Similar consolidations have happened in the past and in other industrial fields. This time, two of the three surviving champions are simply not American.