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Intel and the $1.5T chip industry meltdown

economist.com

251–260 of 734 posts

Re: Intel and the $1.5T chip industry meltdown

#251
post #241

Earlier quoted context omitted.

We may need this, but the stakeholders holding the purse strings don't. And they are the ones who will decide what gets built. It's how we end up with shit like grocery self-checkout machines and robots answering customer support calls. Nobody likes being yelled at by a robot who doesn't understand the situation, except the decision-makers buying the machines. This isn't peak tech, not by a longshot. This is just Int…

Grocery self-checkout machines are great. There's even a system now where you can bring a little scanner with you and scan as you pick them out, that way you can bag them directly in your cart, saving the time of the final scan and the bagging (it was great during the peak of the pandemic, skip the cashier and waiting in the high-population line area). Robots answering support calls are annoying, but self-service web…

the scan as you shop technology is actually being phased out in many chains because the theft rates are unsustainable

some wholesale clubs apparently counter this by randomly auditing every cart as you leave, but that seems to leave the whole thing only marginally more efficient than traditional checkout

Re: Intel and the $1.5T chip industry meltdown

#252

It's the people, the talent, the knowledge that drives any industry like this. The US government, US, we, gave Intel and some other companies a huge sum of money to stay awesome. Then they announce huge layoffs to get rid of a lot of thr talent, people, heart of their business. So, wouldn't we have been better off as a society of we had just offered thT CHIPs money as a startup find and asked a bunch or people from I…

So far the rumor is that they're laying off marketing folks, not engineers. And we paid them to expand their microchip infrastructure, not create jobs.

Re: Intel and the $1.5T chip industry meltdown

#253

It's the people, the talent, the knowledge that drives any industry like this. The US government, US, we, gave Intel and some other companies a huge sum of money to stay awesome. Then they announce huge layoffs to get rid of a lot of thr talent, people, heart of their business. So, wouldn't we have been better off as a society of we had just offered thT CHIPs money as a startup find and asked a bunch or people from I…

We honestly should nationalize intel, raytheon, boeing, and lockheed martin. Probably others too. It makes no sense to develop our sensitive technology and reserve some resources solely to feed the parasite that is the profit margin.

Re: Intel and the $1.5T chip industry meltdown

#254
post #241

Earlier quoted context omitted.

We may need this, but the stakeholders holding the purse strings don't. And they are the ones who will decide what gets built. It's how we end up with shit like grocery self-checkout machines and robots answering customer support calls. Nobody likes being yelled at by a robot who doesn't understand the situation, except the decision-makers buying the machines. This isn't peak tech, not by a longshot. This is just Int…

Grocery self-checkout machines are great. There's even a system now where you can bring a little scanner with you and scan as you pick them out, that way you can bag them directly in your cart, saving the time of the final scan and the bagging (it was great during the peak of the pandemic, skip the cashier and waiting in the high-population line area). Robots answering support calls are annoying, but self-service web…

No, they aren't. There's not a single point in time when I have ever scanned my own groceries faster than the guy who does it 8 hours a day.

They scream at me when they think I'm stealing (Any human being doing that would instantly be reprimanded by a manager), they have tiny platforms where I can't even fit my groceries and heaven forbid if I do something the machine doesn't like, an attendant needs to come unfuck it for me.

The best thing about them is that I can do some work for the store for free as part of my shopping. I can't wait for the next grocery innovation of having the customers stock the shelves from the backroom before they can fill a sack with onions.

Re: Intel and the $1.5T chip industry meltdown

#255

It's the people, the talent, the knowledge that drives any industry like this. The US government, US, we, gave Intel and some other companies a huge sum of money to stay awesome. Then they announce huge layoffs to get rid of a lot of thr talent, people, heart of their business. So, wouldn't we have been better off as a society of we had just offered thT CHIPs money as a startup find and asked a bunch or people from I…

>short term should be number of people working in semi in the US

it's not a jobs program and majority of the layoffs are targeting non-technical areas. Raw number of engineers isn't a great metric for government programs either, could be easily gamed. Focus should be on building up the ground level infrastructure needed so actual innovation can happen, not just giving money to Intel and other established players to further strengthen their monopoly

Re: Intel and the $1.5T chip industry meltdown

#256

Earlier quoted context omitted.

It also manifests in potentially bad management that keeps itself going such as the current administration’s braindead covid policies.

Braindead from an American perspective, it is also likely those policies have averted upwards of 4 million deaths.

[deleted]

Re: Intel and the $1.5T chip industry meltdown

#257

Earlier quoted context omitted.

Braindead from an American perspective, it is also likely those policies have averted upwards of 4 million deaths.

Exactly. Tbh its constantly surprising why Americans view the CCPs zero-covid policy as a failure. Even the most pessimistic reports (based on actual facts, not tabloid-driven wishful thinking) acknowledges that China has avoided at least 2 million+ deaths through their zero covid policy. Is the right to life no longer a human right? Or have a lot of us so internalized anti-China propaganda that we're no longer able…

Could the same deaths have been prevented by deploying better policies? Remember that millions of people we forcibly locked in their homes. They faced food shortages. They have their lives ruined because they couldn’t make a living. All of this because the CCP wants zero Covid rather than a rational policy of limiting the most at risk to the disease and allowing the population to get natural immunity from getting sick.

Re: Intel and the $1.5T chip industry meltdown

#258

We've reached or are approaching "peak tech". The other day we were discussing Pablo Azar, "Computer Saturation and the Productivity Slowdown" (Federal Reserve Bank of New York Liberty Street Economics, October 6, 2022) [1] Simply reinventing systems and deliberately obsoleting stuff to create fake demand is over. The metaverse isn't hoing to happen. People are fatigued with tech. We're entering a different era in wh…

I rethought my reaction to Google IO conference: I found it boring because they showed things which do not have an impact on me.

Like 'taking better pictures when you a person of non white color's but that's the wrong attitude. They solve great issues like this and I'm probably more underwhelmed that we even had to fix something like this because it wasn't really solved before.

Let's see if/when we get a more stable timeframe back. With COVID and the Russians it's shitty and climate change might already be a regular constant.

Re: Intel and the $1.5T chip industry meltdown

#259

Earlier quoted context omitted.

Braindead from an American perspective, it is also likely those policies have averted upwards of 4 million deaths.

Exactly. Tbh its constantly surprising why Americans view the CCPs zero-covid policy as a failure. Even the most pessimistic reports (based on actual facts, not tabloid-driven wishful thinking) acknowledges that China has avoided at least 2 million+ deaths through their zero covid policy. Is the right to life no longer a human right? Or have a lot of us so internalized anti-China propaganda that we're no longer able…

They've also saved themselves some of the long-term cost of long COVID, which is a fun mystery we've signed up for in the US. Also weren't they working with a less effective vaccine?

Re: Intel and the $1.5T chip industry meltdown

#260
post #176

Earlier quoted context omitted.

Nah, fuck it. We're allowed to commit to war too. Xi Jingping is a tyrannical insane dictator and his successor will be worse. He needs to be stood up to, and no one is in a better position to do that than the US.

Why Xi Jinping and not, say, MbS?

MBS isn't making claims on his neighbors territory for his own.
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