News for hackers. Stuff that matters.
Re:TSMC to make 4nm chips in Arizona for Apple, AMD, Nvidia by izacus on Thursday December 01, 2022 @09:42AM (#33816812)
That's an interesting thesis - but, for example, Greece with its "let's piss money away without control for anything and everything" somehow hasn't become an industrial powerhouse either... so it might be that austerity (or lack thereof), in general, isn't really such an important factor?
Re:TSMC to make 4nm chips in Arizona for Apple, AMD, Nvidia by nequo on Thursday December 01, 2022 @10:13AM (#33817250)
How much money did Greece spend on getting fabs off the ground?
Re:TSMC to make 4nm chips in Arizona for Apple, AMD, Nvidia by lightspot21 on Thursday December 01, 2022 @12:55PM (#33819892)
Greece has other, deeper problems to fix before it makes any attempts in creating any form of industry. The "pissing money away" happened because of internal problems, which can be attributed to corruption and cultural aversion to any form of entrepreneurship that goes beyond the scale of mom 'n' pop stores.

I am not trying to absolve Greece from its liabilities, just pointing out that Greece is a bad example for austerity not playing a significant role in slowing industrial development.

Source: I am Greek living in Greece.