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Allowing intel to use child labor or sweatshops isn’t going to enable them to magically gain the 50 billion needed to build a modern fab.

by ikiris 2y ago

palmfacehn 2y ago
Not sure how the top-hat tropes apply here. US workers are highly competitive in terms of productivity/compensation. >The Cost of Federal Regulation Aug 4, 1999 2 min read >The Office of Management and Budget (OMB), the White House's own budgetary agency, puts the price of existing regulations at approximately $300 billion annually. Others, such as Professor Thomas Hopkins of the Rochester Institute of Technology, say it's closer to $700 billion. This means regulations cost somewhere between $3,000 and $7,000 per household every year. https://www.heritage.org/government-regulation/commentary/the-cost-federal-regulation/ https://www.heritage.org/government-regulation/commentary/th... >Regulation is frequently described as one of the drivers of falling entry, rising industry concentration, and underinvestment in the United States... https://www.cato.org/research-briefs-economic-policy/cost-regulatory-compliance-united-states# https://www.cato.org/research-briefs-economic-policy/cost-re... >$3.079 trillion Cost of federal regulations to the U.S. economy, $465 billion Increase in aggregate regulatory compliance costs since 2012, $277k Avg. annual compliance costs for a U.S. firm, $29,100 Avg. per employee cost of regulations for manufacturers, $50,100 Avg. per employee cost of regulations for small manufacturers (<50 employees) https://nam.org/issues/regulatory-and-legal-reform/cost-of-regulations/ https://nam.org/issues/regulatory-and-legal-reform/cost-of-r...
- lotsofpulp 2y ago
  Which regulation incentivized Intel to rest on its laurels and distribute rewards to shareholders rather than invest in making new low power chips? The lack of which regulation (compared to the US) incentivized TSMC to make the right bets and say yes to Apple for taking a risk on new chip fabs?
  - palmfacehn 2y ago
    [flagged]
- djent 2y ago
  Unironically linking to the Heritage Foundation lmao

Allowing intel to use child labor or sweatshops isn’t going to enable them to magically gain the 50 billion needed to build a modern fab.

by ikiris 2y ago

Allowing intel to use child labor or sweatshops isn’t going to enable them to magically gain the 50 billion needed to build a modern fab.

palmfacehn 2y ago

Not sure how the top-hat tropes apply here. US workers are highly competitive in terms of productivity/compensation. >The Cost of Federal Regulation Aug 4, 1999 2 min read >The Office of Management and Budget (OMB), the White House's own budgetary agency, puts the price of existing regulations at approximately $300 billion annually. Others, such as Professor Thomas Hopkins of the Rochester Institute of Technology, say it's closer to $700 billion. This means regulations cost somewhere between $3,000 and $7,000 per household every year. https://www.heritage.org/government-regulation/commentary/the-cost-federal-regulation/ https://www.heritage.org/government-regulation/commentary/th... >Regulation is frequently described as one of the drivers of falling entry, rising industry concentration, and underinvestment in the United States... https://www.cato.org/research-briefs-economic-policy/cost-regulatory-compliance-united-states# https://www.cato.org/research-briefs-economic-policy/cost-re... >$3.079 trillion Cost of federal regulations to the U.S. economy, $465 billion Increase in aggregate regulatory compliance costs since 2012, $277k Avg. annual compliance costs for a U.S. firm, $29,100 Avg. per employee cost of regulations for manufacturers, $50,100 Avg. per employee cost of regulations for small manufacturers (<50 employees) https://nam.org/issues/regulatory-and-legal-reform/cost-of-regulations/ https://nam.org/issues/regulatory-and-legal-reform/cost-of-r...

lotsofpulp 2y ago
Which regulation incentivized Intel to rest on its laurels and distribute rewards to shareholders rather than invest in making new low power chips? The lack of which regulation (compared to the US) incentivized TSMC to make the right bets and say yes to Apple for taking a risk on new chip fabs?
- palmfacehn 2y ago
  [flagged]
djent 2y ago
Unironically linking to the Heritage Foundation lmao