alt Hacker News>American business culture works pretty strongly against "give it 6 months or less for US TSMC foundries to produce the finest."
>I think it's most likely those fabs will stagnate and the American MBAs running them will just milk them for short-term profits. Why invest in technology when you can buy back shares? After all, your only goal is number-go-up.
The same American business culture that produced Apple/Amazon/Alphabet/Microsoft/Meta/Tesla/etc? They seem to invest quite a bit in "technology".
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UltraSane • yesterday at 2:51 PM
No, the same idiot MBAs that almost destroyed Intel and Boeing and General Electric.
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> The same American business culture that produced Apple/Amazon/Alphabet/Microsoft/Meta/Tesla/etc? They seem to invest quite a bit in "technology".
Yeah. There can be sparks of innovation, but the overall trend seems to be squandering advantages for short term financial gains. And honestly, some of your examples aren't great: Telsa's probably going to lose to the likes of BYD (but for unusual leadership reasons); Microsoft seems to be losing former capability, which is reflected in many of its products (https://www.windowscentral.com/microsoft/windows-11/windows-...); and I don't think Meta has done much besides sell ads.
IIRC, Chinese companies, on the other hand, tend not actually make very much money for their investors.