A little reality check: This vitally crucial industrial investment that has the potential to propel the US to dominate the second half of the 21st century should be a no-brainer. Whoever dominates advanced microprocessor (also nano processor) fabrication will impact all other industries globally. But 52 billion is a chump change when considering its magnitude and significance. Especially when we can spend over 5 trillion dollars to invade other countries in the name of national security, we should easily be shelling out more than a trillion for this sort of endeavor that will determine our strategic and economic future. (Akin to a new "moonshot".)
We need the same intensity that was applied to the "space race" and leave nothing to chance. The capital can be raised through both WallStreet as well as government debt. Politics aside, we need to push for far more H1 visas to get the best and the brightest over here as we do not have enough homegrown talent to get the job done (not enough microprocessor chip engineers or fabricators). If the money is right, they'll forgo a lot of the regulatory constraints, as every state wants these high-paying jobs and will cut some of the red tapes. Either we get serious about our future as a world leader in technology or we can leave US manufacturing to the likes of "scented candles" to sell on Etsy.
ConnectionDifficult6 t1_jeatmpo wrote
Reply to $52 Billion Chipmaking Plan Is Racing Toward Failure by savuporo
A little reality check: This vitally crucial industrial investment that has the potential to propel the US to dominate the second half of the 21st century should be a no-brainer. Whoever dominates advanced microprocessor (also nano processor) fabrication will impact all other industries globally. But 52 billion is a chump change when considering its magnitude and significance. Especially when we can spend over 5 trillion dollars to invade other countries in the name of national security, we should easily be shelling out more than a trillion for this sort of endeavor that will determine our strategic and economic future. (Akin to a new "moonshot".)
We need the same intensity that was applied to the "space race" and leave nothing to chance. The capital can be raised through both WallStreet as well as government debt. Politics aside, we need to push for far more H1 visas to get the best and the brightest over here as we do not have enough homegrown talent to get the job done (not enough microprocessor chip engineers or fabricators). If the money is right, they'll forgo a lot of the regulatory constraints, as every state wants these high-paying jobs and will cut some of the red tapes. Either we get serious about our future as a world leader in technology or we can leave US manufacturing to the likes of "scented candles" to sell on Etsy.