The collapse of the American/western chip making industry - or how American policy makers scored the biggest own goal of the century (so far) and shot themselves in their foot.

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml · 6 months ago

The collapse of the American/western chip making industry - or how American policy makers scored the biggest own goal of the century (so far) and shot themselves in their foot.

footfaults [none/use name] · 6 months ago

Imagine that..you offshore the entire chipmaking industry over multiple decades to China and then decide one day to stop sharing the designs for chips and think that's going to stop them from manufacturing chips.

Literally they blew up the entire domestic chip manufacturing industry in America because they didn't want to become like the auto industry and have to pay workers a living wage.

Self_Sealing_Stem_Bolt [he/him, they/them] · 6 months ago

Its astonishing how bad capitalists are at capitalism. Their insatiable greed dooms them every time.

zed_proclaimer [he/him] · 6 months ago

Short term greed outweighs long term prudence every time. The responsible capitalists who want stability arrive last and lose, so it becomes a race to the bottom

The collapse of the American/western chip making industry - or how American policy makers scored the biggest own goal of the century (so far) and shot themselves in their foot.

The collapse of the American/western chip making industry - or how American policy makers scored the biggest own goal of the century (so far) and shot themselves in their foot.

Semiconductor bans were intended to kill the Chinese chipmakers. They’re killing ours instead.