Earlier quoted context omitted.
The US gov is seriously under investing compared to it's peers. South Korea is spending nearly 9 times more with their $450Bn pledged gov investment into Semiconductors[0] compared to America's investment of $52Bn with the CHIPS Act[1] [0]: https://asia.nikkei.com/Business/Tech/Semiconductors/South-K... [1]: https://www.dispatch.com/story/news/2022/01/14/heres-what-yo...
https://www.goodreads.com/book/show/1032019.Bad_Samaritans This is a good book that goes through how economies develop and the role of State Owned/sponsored Enterprises are helpful in developing a nation's technology competencies. The author uses South Korea as a few of his examples, too.
Intel's $20B Ohio factory could become world's largest chip plant
591–600 of 647 posts
Re: Intel's $20B Ohio factory could become world's largest chip plant
#592Earlier quoted context omitted.
People always complain about the downsides of all these blue areas but at the end of the day there is still a massive population that continue to live there. For example: Exodus from California is mainly limited to people making less than 100k a year. People making more than that actually increased their population in California. So this is mainly a rich vs poor issue. I'm excited at the prospect of transforming some…
I mean it's pretty much known that rich people can avoid nearly any consequence intended or unintended of politicians...... It's why people view the ability to ignore politics as a privilege having the resources to just avoid whatever they happen to do gives you a massive degree of freedom. Also aren't these progressive policies supposed to have helped people on the lower end of the economic scale rather then forced…
Its not a long term strategy when the majority suffer. Thats why the blue side have shifted towards pushing European style Democratic Socialism policies and the Red has shifted into authoritarian right style policies.
>Also aren't these progressive policies supposed to have helped people on the lower end of the economic scale rather then forced them out?
What progressive policies? There is no real progressive party in the US. California(and the rest of the states (save for a few districts here and there) has been extremely hostile to real progressives. What we have now on the "left" is a combination of neo-liberal right leaning centrists mixed in with fake leftist social populism.
Re: Intel's $20B Ohio factory could become world's largest chip plant
#593Earlier quoted context omitted.
The small town I grew up in also had a specific Soviet doomsday theory. Which in hindsight, doesn’t feel very plausible. In the wake of the George Floyd protests family talked about their concern that out of state “Antifa looters” were spotted driving down the interstate headed right for them. I don’t mean to call you a liar, Im sure there indeed are some obscure targets, and your home might be one. I do think it’s a…
In fairness to the parent poster, in the event of nuclear war an Air Force base with two runways longer than two miles each isn't an obscure target, it's just a target.
Re: Intel's $20B Ohio factory could become world's largest chip plant
#594Earlier quoted context omitted.
I was a math grad student at IU. The place had one heck of a good music school, say, comparable to the best in the world. An Isaac Stern protege, later a concert master, violin prof, conductor, etc., put his old Italian violin under my left chin, and I was hooked. Took a violin course; the teacher, one on one, was FAR too good for what I needed and later played the Brahms concerto in Toronto! According to the rules,…
> As a grad student, since I was teaching ugrad courses, I got paid, enough actually to live nicely When was this? Nowadays the grad students are constantly complaining that they don't get paid enough to live and mandatory fees are too high.
Re: Intel's $20B Ohio factory could become world's largest chip plant
#595Earlier quoted context omitted.
So you're saying maybe in the future there might be an issue? Also plenty of people here want to ban abortion too. Tons of small counties have managed to prevent any kind of reproductive health clinics from opening or defacto forced them to close.
Makes sense to me to play to where the ball will likely be, not currently is, if your investment timeframe will be many years in the future. I believe Texas just effectively came to within an inch of banning abortions outright, but effectively they reduced people’s access to it. My prediction is state governments will make a big difference in quality of life for many people.
Re: Intel's $20B Ohio factory could become world's largest chip plant
#596Re: Intel's $20B Ohio factory could become world's largest chip plant
#597Earlier quoted context omitted.
You also pay taxes. But you are right that for the first movers it will be an easy transition into living opulantly in Ohio. The same can't be said for the next generation of workers, who graduate and have no capital accrued from working at bay area rates, and start their careers working for these Ohio based employers at Ohio based salary rates, and since Columbus is experiencing the same lack of supply issue everywh…
As long as the market is allowed to build housing to meet demand it's not too bad. Main issue in Palo Alto (and to a large extent the rest of the bay area) is that there's massive population growth in the bay area, but very little housing is allowed to be built. This creates artificial scarcity and the people that bought houses 30yrs ago accrue massive wealth because of it at the expense of new people (and the new pe…
Remember that even when you aren't hampered by lack of space and/or zoning, most build starts are still 'investments'. I knew a whole lot of folks who did homebuilding in the first decade of the century. Housing starts were all over the place, partially because the investors were sure that with prices rising, it was a sure thing, right?
But then the market glut happened. Housing starts stopped. All of those folks left homebuilding and few if any ever went back to it.
I think nowadays Investors are back to preferring smaller buildouts, potentially in more phases. The supply/labor issues from covid haven't helped things lately though.
Re: Intel's $20B Ohio factory could become world's largest chip plant
#598Earlier quoted context omitted.
I'm sure there's more great ones in California but I can count 14 off the top of my head; I think all of them are nearly within 300 miles of LA too. 1. Caltech 2. Stanford 3. Cal 4. UCLA 5. Harvey Mudd 6. USC 7. UCSD 8. UCD 9. UCSB 10. CPSLO 11. UCI 12. CPP 13. UCSC 14. UCR
The other difference, which parent didn’t mention, is the Ohio has plenty of water.
Re: Intel's $20B Ohio factory could become world's largest chip plant
#599Earlier quoted context omitted.
“Cultural hub” is a term for “shows up in movies”. It’s completely irrelevant if you live in the South Bay.
Well, it's not like the South Bay has culture.
Re: Intel's $20B Ohio factory could become world's largest chip plant
#600Earlier quoted context omitted.
given that over the last 2 years we've all been trained to live like hermits I wonder who is going to be bothered about lack of city amenities? You can still jog around the block and walk your dog but large public gatherings (big city specialty) isn't much of a draw any more.
sounds like you're living in a bubble. people in NYC are out and about socializing. not living like a hermit. there's like 50 dance events every weekend.