Not a trade lawyer but as I understand it, WTO treaty obligations specifically forbid the kind of purchase guarantees that Ben's arguing for here. Part of the whole point of the WTO is to to pull up the ladder and prevent countries from doing what Japan, South Korea, and Taiwan successfully did to become rich. So this kind of support for domestic manufacturers is not allowed
Intel Honesty
141–150 of 426 posts
Re: Intel Honesty
#142In June 2021, Gelsinger named 22-year Intel vet Sandra Rivera to head up a new Datacenter and AI Group. Rivera, who spent two years as Intel’s chief people officer before taking on her new role, describes what Intel staffers are looking to get out of their relationship with the company, using terms that would have been unlikely to come up in its original heyday. “For sure, we are in an age now where our employees are looking for a deeper, richer connection to the purpose of the organization,” she says. “They care about diversity, equity, inclusion. They care about the planet.”
Re: Intel Honesty
#143Earlier quoted context omitted.
>Rental housing with 3+ bedrooms (for families) is severely lacking in much of the US. Maybe fire codes are to blame. Taiwan is full of very nice new high-rise development that contains units with lots of bedrooms. Wandering around those developments and the new 3-story developments in California, the ones in Taiwan are much, much, much nicer, even from the outside. The NIMBYs should take note. And it's because of zo…
How could we get a council of a half-dozen visionaries to own a city-sized chunk of land and design a utopia, communist party-style but done right? I really think this is not possible without it being a private parcel where there aren't thousands of individual property owners in the loop for decision making.
> How could we ... design a utopia, communist party-style but done right?
We can't. Certainly not until people stop being self-oriented, and stop being willing to sacrifice others for their own benefit. Recorded history says this is not going to happen. Even the one (as far as I understand) religion concerned with transforming human nature to love others sacrificially, Christianity, says this requires divine help. (There is even a book, "Critical Journey" that identifies the stages of spiritual life, with the life of sacrificial love as the sixth and last. Given the difficulty and slowness that even people who are committed to the journey find, getting to the life of sacrificial live probably requires multiple decades. So even within Christianity this quality is rare.)
Also, since Communism builds on Marxist ideas, which are founded on the idea of power, a Communist utopia is impossible, since the asserting of of power is the opposite of loving others sacrificially. And, indeed, 100% of the Communist states resulted in totalitarian dictatorships.
Re: Intel Honesty
#144Earlier quoted context omitted.
All true. The question still remains how many US folks can /want to go live in Taiwan vs How many Taiwanese can / want to live in US suburban dystopia. And I say this as immigrant to US increasingly disenchanted by suburbia. From what I read housing price to income ratio has increased ~2.5 times from 6.5 to 15.8 in last two decades in Taiwan. And it seems to be worse in new developments in city like Taipei. At a top…
As a non US citizen, I think there are a lot of high level cultural issues that would prevent me considering a job in the US, well before I pulled out a calculator and starting comparing salary to cost of living. I won't enumerate them because it would be sure to offend somebody (everybody?).
That would make sense. There are really lot of reasons to not take job offer in US. And even after taking offer many may find job sucks in ways they have not initially thought of.
The only thing that's unlikely to happen is all good things one like to become available at a place one likes to live.
Re: Intel Honesty
#145>Their pay in the Bay Area is double tsmc in taiwan for equivalent roles in raw dollar terms but the ppp differences means your better off working for tsmc in Taiwan than intel in the Bay Area. That’s not a joke. Intel are literally incapable of attracting talent from Taiwan right now. There's some whiplash in hearing constantly how the US is a corporate-dominated oligarchy, and then also seeing trillion-dollar indus…
Some of the issues are way downstream of those NIMBYs: Non-housing costs are quite low in Taiwan. Food and childcare, in particular, are so much cheaper than California that it’s hard to believe. But the NIMBYs aren’t totally in the clear. Rental housing with 3+ bedrooms (for families) is severely lacking in much of the US. Maybe fire codes are to blame. Taiwan is full of very nice new high-rise development that cont…
The primary problem for getting 3+ bedroom apartments built in America is school funding. School districts are mostly locally funded (sometimes with a portion funded by the state government) and almost entirely from property taxes. At a very high level, schools are funded by the acre and their expenses scale with the 2nd-5th bedrooms in their district. A 4 bedroom apartment or condo and a 4 bedroom house will usually pay very different tax rates, so local governments are highly incentivized to deny and obstruct large apartments. A 2 bedroom apartment with one child is one thing, but a 4 bedroom apartment with 3-5 children is a huge money loser.
That's also an obstacle to a lot of cities densifying and intensifying. Built out cities have a model that lets them operate, but not capital or land to build and expand in areas of high growth and demand. That's just one of many factors that are freezing our cities in amber.
Re: Intel Honesty
#146The OP makes a compelling case that Intel's foundry operations have fallen so far behind that they are no longer economically viable on their own, in the face of current market forces, i.e., Intel's foundry business may not be able to earn a positive return on the tens of billions of dollars of capex now required to catch up with TSMC. If the US truly views having a domestic foundry as critical to national security,…
There are a slew of foundries in the US already that aren't intel and are open to manufacturing for non-intel products. For example, Global Foundries.
I just don't see what benefit at this point the US government would see investing in intel when they aren't really a whole lot better at the game at this point vs pretty much anyone else.
Re: Intel Honesty
#147What happens to the computer and tech industry if Intel fails? The x86 licence still has value to some others in the space, but it seems like Intel could potentially be sold off for parts if it can't sell correct.
ARM wins the instruction set wars and buys the tech. Future ARM processors will have x86 hardware that offers compatibility with legacy software. Eventually the instruction set is forgotten.
Got me thinking, from what I've read, modern high-performance cores do a lot of similar tricks and translate everything to uops anyway.
How hard would it be for say AMD to make a performant dual-ISA CPU?
I was thinking somewhat like how virtual 8086 mode[1] worked on 32bit CPUs, ie OS could be ARM-based, but it could run x86 processes.
I assume it would be hard to not sacrifice performance for one of the ISAs, but if it's for legacy applications you wouldn't need top speed necessarily.
Are ARM and x86 just too different to make it work? Are there other obstacles?
Re: Intel Honesty
#148Earlier quoted context omitted.
Some of the issues are way downstream of those NIMBYs: Non-housing costs are quite low in Taiwan. Food and childcare, in particular, are so much cheaper than California that it’s hard to believe. But the NIMBYs aren’t totally in the clear. Rental housing with 3+ bedrooms (for families) is severely lacking in much of the US. Maybe fire codes are to blame. Taiwan is full of very nice new high-rise development that cont…
> Taiwan is full of very nice new high-rise development that contains units with lots of bedrooms But presumably you'll never be able to buy and will have to rent forever? Real estate is significantly more expensive in Taiwan relative to income than in SF/etc.
Is a market where housing supply meets demand, housing is a depreciating asset. Why would you want to buy if renting is cheaper?
Re: Intel Honesty
#149Earlier quoted context omitted.
While there are a number of technical issues with respect to the limited trickle of multifamily permits that are given, the fundamental dynamic is that engaged voters don't want to see significantly more people living in the region, and therefore it doesn't happen.
Yeah, it has a lot to do with selfishness. More housing means more people means you have a lower property value for you home in the area. Further, it means your vote becomes less powerful as the poors that live in the high rise have the same voting power as you do in your single family home.
I think it has a lot to do with people believing what you just said. Which is, of course, utter nonsense! If a neighborhood suddenly gets rezoned for 20-story mixed-use development, an existing house will be devalued, but an existing lot will likely gain more then enough value to compensate.
Re: Intel Honesty
#150Intel is trapped. Its debt repayments alone are massive. The poor performance in stock has encouraged 20years of wage stagnation to the point where you can literally earn over 50% more at amd or nvidia or even an startup for equivalent roles so they aren’t hiring the best. Their pay in the Bay Area is double tsmc in taiwan for equivalent roles in raw dollar terms but the ppp differences means your better off working…
I'm not saying you are wrong but personally I'd view the stock as an attractive perk right now since it is so low. Whereas if I were joining a company such as Nvidia I'd honestly be kind of worried. Historical performance isn't really a great indicator here.
Intel stock is as high as it was 15 years ago when they had total market domination. Now they are at the brink of collapse.
The market is way bigger today but still, I would take a dominant player over a failing one every day.
Another way to look at it: Intel market cap is 83B, AMD's market cap is 228B. Do you think Intel is expected to make 1/3 of the money AMD is going to make in coming decades? I see no reason to be as optimistic.