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The same speech she said companies have to make do with half of what they requested, turns out it's much easier to launder money through the defense industry via Ukraine and Israel than it is to stimulate industrial development on the de-industrialized home front. These people live in their own...
I don't see how GF's culture of "new technology is overrated and why is everyone leaving" can help anyone in 2023. Just set up hiring booths at the exits of any one of their ancient facilities, no need for the headache of acquiring those facilities with that management. Their black pilled...
1987: Morris Chang returns home to leverage state funding and break the limits of vertical integration, it's widely celebrated.
2022: Liguo Zhang returns home to leverage state funding and break the limits of the EDA oligopoly, it's a matter of national security.
Hmmm I wonder what changed...
US was saying the same stuff about China in the 90s, Japan in the 70s, Europe in the 50s. As soon as they develop enough to assert their own interests and their labor becomes too expensive for western corporations, US will turn on them like clockwork.
Before their collapse the Soviet Union had the same inefficient bureaucracy with too much power over economic processes. I think China has a better system laying out the rules with the money up front, putting the onus on the companies to comply or risk massive fines and nationalization.
THe more this drags out the more I think this bill is not so concerned with reinvigorating the industry, but ensuring that what little industry remains is firmly under the control of the MIC. In fact they seem to despise companies that do business outside of the MIC because it means they're...
AI designing AI sounds like a classic case of doubling down on a failed ideology. We don't even have a theoretical description of intelligence, let alone a processor to implement it. We can correlate stuff using massive amounts of data and create algorithms to recognize and generate patterns...
Don't forget the massive layoffs of 2015/2016, which were done for basically no reason and further alienated a workforce that was already struggling to manifest stuff like 10nm and Optane. They thought replacing their most experienced engineers with H1B's and PhD's would shake things up and send...
The company that spent the last 6 years gutting its US operations wants a bailout for its US operations. More effective to just buy Lamborghinis in bulk for the emiratis and give the rest to Tower.
You can tell it's going be a fraudulent boondoggle because it's a bipartisan effort. The market isn't asking for it, the labor force doesn't exist, the infrastructure can't compete, but no big deal because this new yellow peril is great for squeezing just a bit more money out of the printer...