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It may be debatable but the idea the chip surge is “basically over” is laughable. By your logic no nation should ever try to do anything economically because t

It may be debatable but the idea the chip surge is “basically over” is laughable. By your logic no nation should ever try to do anything economically because the economy is already done forming, the end of history is here.

baz00 3y ago
Yup the chip surge isn't anywhere over due to geopolitics and demand, both of which are serious driving forces now.
EricE 3y ago
Hey - no poking holes in this line of reasoning allowed. It’s a major tent pole of the global boiling religion - pesky human innovation blows too many holes on the “we are doomed - sacrifice your rights to fix it” narratives.
- diputsmonro 3y ago
  I'm not really sure how these are related at all. Technical innovations for electric vehicles are totally different than the technical innovations required for fighting climate change. We can be poised to make progress in one sector and skeptical about progress in another. Blindly hoping that some breakthrough will happen to fix all our problems and just barreling along carelessly is worse than what you're describing.
kevin_thibedeau 3y ago
The primary motive is to have redundant fabs for defense critical infrastructure that is vulnerable to Chinese attack. That's why Micron is being gifted a new fab for DRAM production on the other side of the country in the midst of ongoing layoffs. Boosting production isn't the goal and CHIPS act will be a net money loser.
User23 3y ago
That was the ruling ethos of the United States Government from the fall of the Berlin wall on. Look how that worked out for us.
corethree 3y ago
History has plenty of examples of nations and economies completely ending. In fact it's so consistent that it's basically a guarantee that the current economy you're living in will be "done" eventually. Therefore it's not a laughable conclusion but a valid possibility. We've seen two major economies descend into this "done" zone with no hope for recovery: Russia and Japan. Additionally no one is saying to "not to do anything". Try all you want he is simply predicting the outcome of trying.

baz00 3y ago

Yup the chip surge isn't anywhere over due to geopolitics and demand, both of which are serious driving forces now.

EricE 3y ago

Hey - no poking holes in this line of reasoning allowed. It’s a major tent pole of the global boiling religion - pesky human innovation blows too many holes on the “we are doomed - sacrifice your rights to fix it” narratives.

diputsmonro 3y ago
I'm not really sure how these are related at all. Technical innovations for electric vehicles are totally different than the technical innovations required for fighting climate change. We can be poised to make progress in one sector and skeptical about progress in another. Blindly hoping that some breakthrough will happen to fix all our problems and just barreling along carelessly is worse than what you're describing.

kevin_thibedeau 3y ago

The primary motive is to have redundant fabs for defense critical infrastructure that is vulnerable to Chinese attack. That's why Micron is being gifted a new fab for DRAM production on the other side of the country in the midst of ongoing layoffs. Boosting production isn't the goal and CHIPS act will be a net money loser.

User23 3y ago

That was the ruling ethos of the United States Government from the fall of the Berlin wall on. Look how that worked out for us.

corethree 3y ago

History has plenty of examples of nations and economies completely ending. In fact it's so consistent that it's basically a guarantee that the current economy you're living in will be "done" eventually. Therefore it's not a laughable conclusion but a valid possibility. We've seen two major economies descend into this "done" zone with no hope for recovery: Russia and Japan. Additionally no one is saying to "not to do anything". Try all you want he is simply predicting the outcome of trying.