3 ms·
> I am surprised we consider TSMC like a natural resource: isn't it really a combination of know-how and build-out according to that know-how? Have you seen ho
by michaelt 6mo ago
> I am surprised we consider TSMC like a natural resource: isn't it really a combination of know-how and build-out according to that know-how?
Have you seen how many states and countries look enviously at Silicon Valley’s tech companies, China’s manufacturing dominance, or London’s financial sector and try to replicate them?
Turns out it’s way harder than you’d expect.
Hell, Intel can’t match TSMC despite decades of expertise, much greater fame, and regulators happy to change the law and hand out tens of billions in subsidies.
- subarctic 6mo agoWith you on the first two, but I haven't heard of London's financial sector being a big deal, what's going on there?
- Pay08 6mo agoYou really haven't heard? It's like the only thing the British economy has going for it.
- tomaskafka 6mo agoThey are world experts at legalizing the corruption profits from both first world and third world countries, just research HSBC.
- ElevenLathe 6mo agoLondon has been the capitol of capital since before capitalism.