Offshore the datacenters (no jobs). Keep any manufacturing (some jobs). Problem solved.
- Keep the data centers (jobs, downstream commercial demand, etc.)
- Build up manufacturing (more jobs!)
Problem solved.
Jensen: 'We've done our country a great disservice' by offshoring
21–30 of 527 posts
Re: Jensen: 'We've done our country a great disservice' by offshoring
#22Can someone please fix the title? s/Jensen/Nvidia CEO/
Re: Jensen: 'We've done our country a great disservice' by offshoring
#23He is not causally connecting "AI" with industry and manufacturing here. Building data centers isn't manufacturing. He says in this piece that energy production needs to come first, and manufacturing later and not the other way around. Is he saying that AI will require building out energy production and the increased energy production will be used for... manufacturing? But it'll be used for the data centers. What, ex…
I don't know about Jensen specifically, and I can't remember the guy at the moment, but there have been a few tipped hands including one where the guy on national TV said something about "Americans should be gluing the iPhones together in the factory, not Chinese" and it really made a lot of this stuff click for me: they want to provide low-paying American jobs in American factories. That's probably not the whole vision, but it is a big part of it IMHO. I'll try and find the quote or video but if someone else remembers this, please share a link
Re: Jensen: 'We've done our country a great disservice' by offshoring
#24Ross Perot in 1992 https://www.youtube.com/watch?v=VRr60nmDyu4 We have shipped millions of jobs overseas, and ... a strange situation, we have a process in Washington where after you serve for a while, you can cash in, become a foreign lobbyist. We have got to stop sending jobs overseas. You're paying 12, 13, 14 an hour for factory workers and you can move your factory South of the Border, pay a dollar an hour for yo…
Indeed, this was one of the first things I thought of too. I remember well the jokes about Perot being crazy, frequently used to dismiss his views. I'll never forget talking with an educated Perot voter (a friend of mine) at the time and actually being confronted with the real views, not a shallow strawman, and realizing I didn't have any good answers because I hadn't actually thought about it. That was a good matura…
He was't crazy, just thin-skinned and not suited for politics.
Re: Jensen: 'We've done our country a great disservice' by offshoring
#25My grandfather worked in the aleganey forge running the tempering ovens for very large metal forgings.
Raised a family,4 kids, kept the farm, retired and lived 30years more, and there was some money left for everybody.
He bemoned the selling off?, out, of american manufacturing that began in the 1970's.
He was the kind of american who was comfortably unaware of the rest of the world, perhaps ever so slightly embarassed by his unworldlyness, only having a high school educatiin, but also completly untroubled by anything, anywhere, ever bieng a real concern.He had worked on the 16" guns
that are still to be seen on the decks of WWII battleships.
But instead of an enduring world peace and prosperity he got to see the errosion of the american dream, and the desruction of americas strength from within.
As a further illustration, granpa and grandma, used to go visit "uncle kieth"in
NYC, St.marks place, 6th st, between 2nd and 3rd ave, manhatten, in the 70's ,80's and early 90's, stayed in the truck camper, parked on the street,an unspoken,unwritten imunity convieghed by that little bit of mud in the fender wells.
Re: Jensen: 'We've done our country a great disservice' by offshoring
#26Earlier quoted context omitted.
From reading the article and having listened/read a lot from Jensen and his ilk, I feel pretty comfortable saying the "we" is referring to the system we have built in the US. Basically the era of free trade. He and Trump and that group generally think we made a mistake by allowing free trade, and the solution is to "force" that away with a mix of taxes (tariffs), laws, incentives (subsidies/grants/etc) and others. Th…
I highly doubt he really thinks that, but it pays to say so in public.
For sure, it's quite possible he doesn't really believe this stuff but is evangelizing it because of the benefits of being in good with this administration. It's sad but important to keep in mind as a possibility
Re: Jensen: 'We've done our country a great disservice' by offshoring
#27People love the abundance of cheap affordable stuff more than they love their neighbors having work.
It's also a positive feedback loop, where the less money people have from a lack of good jobs, the more they will choose cheap foreign goods to buy. Never mind that if you are in an economically productive sector, this whole cheap shit bonanza is just pure upside for you (with a touch of dissonance to maintain moral purity, of course).
Bringing jobs "back" probably isn't going to do much. We need a cultural shift away from Temu, Shine, Amazon, Walmart, Dollar General and towards spending more money for less goods.
Which is going to be about as popular as proposing we go back to land lines.
Re: Jensen: 'We've done our country a great disservice' by offshoring
#28Who is "we"? Jensen, where are your chips made? You're part of the problem.
Re: Jensen: 'We've done our country a great disservice' by offshoring
#29Ross Perot in 1992 https://www.youtube.com/watch?v=VRr60nmDyu4 We have shipped millions of jobs overseas, and ... a strange situation, we have a process in Washington where after you serve for a while, you can cash in, become a foreign lobbyist. We have got to stop sending jobs overseas. You're paying 12, 13, 14 an hour for factory workers and you can move your factory South of the Border, pay a dollar an hour for yo…
Not sending production to the place with the cheapest labour is great way to have your companies being outcompeted by foreign actors. Unless we want to return to mercantilism a global empowerment of organized labour globally is the only real way to fix this.
Re: Jensen: 'We've done our country a great disservice' by offshoring
#30Ross Perot in 1992 https://www.youtube.com/watch?v=VRr60nmDyu4 We have shipped millions of jobs overseas, and ... a strange situation, we have a process in Washington where after you serve for a while, you can cash in, become a foreign lobbyist. We have got to stop sending jobs overseas. You're paying 12, 13, 14 an hour for factory workers and you can move your factory South of the Border, pay a dollar an hour for yo…
One of my main arguments for a universal health care scheme in the united states is how horrendously expensive, for employers, health care is. Lets totally ignore efficacy, moral arguments, expense for the patient, etc. If you are a company in the US a large percentage of the effective compensation of employees is healthcare. A moderately good PPO is like ~$10k+ a year per employee. You can pay workers in some other countries less than just the cost of paying for health insurance for a US employee.