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Former Intel CEO Pat Gelsinger discusses the U.S.-China race for A.I. chip dominance, the proposed Safe Chips Act and more on 'Maria Bartiromo's Wall Street.'
Former Intel CEO Pat Gelsinger discusses the U.S.-China race for A.I. chip dominance, the proposed Safe Chips Act and more on 'Maria Bartiromo's Wall Street.'
www.foxbusiness.com
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Totally disagree with Pat on selling chips to China. Cleary China has gotten chips through black or grey markets and now they are making their own. Had we not embargoed chips we could have possibly followed Pat's advise and sell China N-1 or N-2 chips. It is too late now so just open the market and make some money while China is ramping up production on internal chips. China has always been a fast follower (reverse engineering) and GPU/TPUs will be no different.
I do agree with Pat on energy. I have been saying this for a long time, the US power grid is aging and clearly underpowered for the AI age. The second/third wave of datacenters will not be built in the US as a result and that will hurt us for a very long time.
Totally disagree with Pat on selling chips to China. Cleary China has gotten chips through black or grey markets and now they are making their own. Had we not embargoed chips we could have possibly followed Pat's advise and sell China N-1 or N-2 chips. It is too late now so just open the market and make some money while China is ramping up production on internal chips. China has always been a fast follower (reverse engineering) and GPU/TPUs will be no different.
I do agree with Pat on energy. I have been saying this for a long time, the US power grid is aging and clearly underpowered for the AI age. The second/third wave of datacenters will not be built in the US as a result and that will hurt us for a very long time.
NEPA requires federal agencies to determine if their proposed actions will have significant environmental effects. EPA reviews and comments on these Environmental Impact Statements (EIS) and provides public notification and access to these documents.
www.epa.gov
Title I of NEPA contains a Declaration of National Environmental Policy. This policy requires the federal government to use all practicable means to create and maintain conditions under which man and nature can exist in productive harmony.
Section 102 in Title I of the Act requires federal agencies to incorporate environmental considerations in their planning and decision-making through a systematic interdisciplinary approach. Specifically, all federal agencies are to prepare detailed statements assessing the environmental impact of and alternatives to major federal actions significantly affecting the environment. These statements are commonly referred to as Environmental Impact Statements (EIS) and Environmental Assessments (EA).
And basically any US citizen can file comments to the government's Environmental Impact Statements, which then the EPA is required to investigate. This can add years to any project, but high voltage transmission lines are especially vulnerable. Fortunately, the US Supreme Court just ruled, essentially, that NEPA can't be used by third parties to challenge and delay infrastructure projects which receive federal funding (which is basically all of them) unless they are personally and demonstrably injured. This helps, but NEPA has been bad legislation for decades, and it needs to go away. The US can't be competitive with political agenda-based inefficiency.
NEPA has been the cause of lengthy and often expensive permitting processes. It must be fixed. Learn how here!
c3newsmag.com
This brings us back to our civics lesson. The Supreme Court recently played its part in fixing NEPA. It issued a unanimous ruling in Seven County Infrastructure Coalition v. Eagle County. In the court’s decision, Justice Brett Kavanaugh wrote that NEPA “has transformed from a modest procedural requirement into a blunt and haphazard tool employed by project opponents…to try to stop or at least slow down new infrastructure and construction projects.”
Under the decision, courts will not be empowered to “micromanage those agency choices so long as they fall within a broad zone of reasonableness.” That’s a great start: it helps get NEPA back to protecting the environment. But lawmakers now need to step in and play their civic part by recognizing the importance of building clean energy projects here in the U.S. The sort of clean energy projects that have been stopped far too often by NEPA policies.
www.foxbusiness.com
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