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Reminds me of this article by Robert Reich https://www.theguardian.com/commentisfree/2022/jun/26/us-chips-act-intel-robert-reich https://www.theguardian.com/co
by r9295 4y ago
Reminds me of this article by Robert Reich
https://www.theguardian.com/commentisfree/2022/jun/26/us-chips-act-intel-robert-reich https://www.theguardian.com/commentisfree/2022/jun/26/us-chi...
"The nation where a chipmaker (or any other high-tech global corporation) is headquartered has less and less to do with where it designs and makes things.
Which explains why every industry that can possibly be considered “critical” is now lobbying governments for subsidies, tax cuts, and regulatory exemptions, in return for designing and making stuff in that country.
It’s a giant global shakedown."