401–410 of 761 posts
If that is the cost of keeping the value within the western economies, we should pay. Plain and simple. I'd even argue it's cheap.
If something happens to Taiwan, we won't regret being able to produce these chips domestically. If AI keeps growing like it does, it might even trigger a conflict.
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What is interesting is if the world is not that reliant on Taiwan chips anymore would China really care that much about Taiwan?
China is not interested in Taiwan for the chips. They want it back since they believe Taiwan is part of China.
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It's like watching the public discourse devolve into ever more screaming and posturing. The only winning move is not to play. Sometimes I find myself thinking about that experiment with the perfect rat paradise. The overpopulation got so bad, the normal social functions of the rats started to break down and the rats started acting like sociopaths. Sometimes, I think that's what we're doing to ourselves by exposing th…
The mouse utopia experiment is mostly fake and researchers who reproduced the experiment didn't see any of those behaviors: https://gwern.net/mouse-utopia It was just as wrong as predictions about human overpopulation like Malthusianism
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If something happens to Taiwan, we won't regret being able to produce these chips domestically. If AI keeps growing like it does, it might even trigger a conflict.
This is still TSMC's plant. I bet Taiwan has tight control over it.
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The climate of uncertainty under Trump inhibits long-term investment, whether in chip fabs, car factories, or anything else. He has reminded us all of something that's really always been a problem: whatever one Congress or one POTUS supports can be undone by the next. Usually opposing parties have had the common sense not to immediately hit the undo button once they take office. E.g., Biden leaving most of Trump's pr…
The decline in what we expect of our leaders has been going on my entire life and the contrast between 20 years ago and the present is stark. In 1998 Meriwether and the rest of LTCM nearly crashed the economy, needed the Fed to get involved, and they were personally ruined , guy never opened a ten thousand dollar bottle of wine again and probably never had anything again. Shortly thereafter, Jeff Skilling took out of…
The child sex ring that was uncovered in 2008 resulted in ludicrously light consequences and then after a repeat offense in 2019 was systematically ignored until now.
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The decline in what we expect of our leaders has been going on my entire life and the contrast between 20 years ago and the present is stark. In 1998 Meriwether and the rest of LTCM nearly crashed the economy, needed the Fed to get involved, and they were personally ruined , guy never opened a ten thousand dollar bottle of wine again and probably never had anything again. Shortly thereafter, Jeff Skilling took out of…
> Around the same time Clinton got caught lying about chasing (consenting and of age) skirt in the Office: nearly ended his presidency, definitely ended his policy agenda, real consequences and he caught a shooting star to avoid far worse. The public was not going to accept it, Congress was not going to let it slide on either side of the aisle. Today? Something like that barely makes the press. You have to be accused…
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The decline in what we expect of our leaders has been going on my entire life and the contrast between 20 years ago and the present is stark. In 1998 Meriwether and the rest of LTCM nearly crashed the economy, needed the Fed to get involved, and they were personally ruined , guy never opened a ten thousand dollar bottle of wine again and probably never had anything again. Shortly thereafter, Jeff Skilling took out of…
I blame Rush Limbaugh and Newt Gingrich. They heavily pushed the idea that the opposition could not have legitimacy. Gingrich did it through the exercise of power and Limbaugh did it on the airwaves. It wasn’t just that the opposition was wrong or bad for the country, standard democracy stuff, but that the opposition had no right to hold power at all. Once you start thinking that legitimacy is based on which side you…
If that is the cost of keeping the value within the western economies, we should pay. Plain and simple. I'd even argue it's cheap.
No, I am absolutely not going to pay a 20% premium on the market. I’m sorry but I won’t. If this is really crucial to national security then the government can subsidize the premium. And I know I’m not alone, price speaks louder.
There's nothing that represents American values more than respecting the market, and supporting a non-competitive player is the kind of manipulation that could have had all kinds of negative implications, both now and in the past.
The State choosing winners... smh.
/s (but only partially)