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I think an important question here is: how exactly can TSMC afford to pay $50k for people with these skills? And why is that impossible in the US? I think thi
by shiroiushi 3y ago
I think an important question here is: how exactly can TSMC afford to pay $50k for people with these skills? And why is that impossible in the US? I think this comes down to relative cost-of-living differences: the US is just too expensive to live in these days. Taiwan is not a super low-cost-of-living country by any means, but the US has gotten ridiculously expensive compared to most other peer nations, and this means it's pricing itself out of the market with anything where it needs to compete.
Personally, I think America's reliance on cars and its suburban layout is a big part of this. Workers in Taipei don't need to own a car to get to work, and the overall infrastructure cost per capita is much lower.