I liked that US govt approved the Chips ACT, but I'm skeptic whether that will actually meaningfully change the manufacturing ability in-house.
The problem with US corporations is they are run by MBA management who are experts in stock price manipulation instead of manufacturing and engineering. So you could spend 100s of Billions and they don't materialize into much.
We see the same troubles at Boeing.
US has over-optimized for finance shenanigans at the cost of hard engineering.
SpaceX is perhaps something that truly stands out in terms of radical engineering mindset. If the same funding was applied to NASA they wouldn't have achieved a 10th of what SpaceX did.
Some corporations are just very inefficient. Intel being one of them.
I am for public funds being invested into companies only if they meet certain milestones, and new funding is only done if previous milestones are met.
Otherwise it goes from tax payers to some exec's pocket.
The problem with US corporations is they are run by MBA management who are experts in stock price manipulation instead of manufacturing and engineering. So you could spend 100s of Billions and they don't materialize into much.
We see the same troubles at Boeing.
US has over-optimized for finance shenanigans at the cost of hard engineering.
SpaceX is perhaps something that truly stands out in terms of radical engineering mindset. If the same funding was applied to NASA they wouldn't have achieved a 10th of what SpaceX did.
Some corporations are just very inefficient. Intel being one of them.
I am for public funds being invested into companies only if they meet certain milestones, and new funding is only done if previous milestones are met.
Otherwise it goes from tax payers to some exec's pocket.