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Your last sentence is exactly on point. What's sad is that we spend far more on naval power projection than on detours around obvious risks to prosperity and pe
by totalZero 5y ago
Your last sentence is exactly on point. What's sad is that we spend far more on naval power projection than on detours around obvious risks to prosperity and peace, such as the semiconductor supply chain. We are barely spending 50 billion dollars on domestic semiconductor fabrication in the upcoming legislation, despite acknowledging that the economic costs of the semiconductor shortage are far greater. Contrast that 50 billion number with Apple's expenditures on buybacks and dividends over the past decade. They aren't even in the same order of magnitude.
- systemvoltage 5y agoIndeed, semiconductor industry investment is a drop in a bucket compared to 10 years of war. Not to mention, after a war, there still exists a dependency. It's funny how most of the semiconductor topics lead to war discussions but no one talks about outcompeting Taiwan. It's doable if there is will and resources (I am a Fab engineer). IMO the best way to move forward.