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Does that include the several hundred billion dollars from CHIPS act? That was a sad moment last year, I am extremely concerned we Zombified our tech sector.
by hospitalJail 3y ago
Does that include the several hundred billion dollars from CHIPS act?
That was a sad moment last year, I am extremely concerned we Zombified our tech sector.
- cezart 3y agoCan you please elaborate what the issues are, and what do you mean by Zombified?
- Mouthfeel 3y ago[dead]
- v8xi 3y agoI've seen this argument elsewhere so I think I know what he means. Basically the idea is you throw money around too easily and companies that would otherwise die (due to poor management/inability to compete) stay around. Too much subsidy yields poor incentive to compete yields fewer breakthroughs and slower technological progress.