Monday, July 05, 2010
Better late than never, maybe.
Andy Grove, founder of Intel, has finally caught on to a bit of reality.
No duh, as they say.
EARLY INDICATORS? EARLY INDICATORS? THIS HAS BEEN HAPPENING FOR THIRTY FUCKING YEARS AND YOU'RE JUST NOW PICKING UP ON EARLY FUCKING INDICATORS??????????
Idiot.
On the other hand, given that our business and governmental elites are completely stupefied by royalism, completely unable to process reality until it's spoken by a high-caste aristocrat, maybe this will finally reach their evacuated crania.
No it won't. They're not stupid, they're murderous. They know exactly what they're doing. Killing a country in broad daylight, with the spoils going to China, George Soros and Goldman Sachs. ¶ 6:00 PM
Startups are a wonderful thing, but they cannot by themselves increase tech employment. Equally important is what comes after that mythical moment of creation in the garage, as technology goes from prototype to mass production. This is the phase where companies scale up. They work out design details, figure out how to make things affordably, build factories, and hire people by the thousands. Scaling is hard work but necessary to make innovation matter.
The scaling process is no longer happening in the U.S. And as long as that’s the case, plowing capital into young companies that build their factories elsewhere will continue to yield a bad return in terms of American jobs.
No duh, as they say.
You could say, as many do, that shipping jobs overseas is no big deal because the high-value work -- and much of the profits -- remain in the U.S. That may well be so. But what kind of a society are we going to have if it consists of highly paid people doing high-value-added work -- and masses of unemployed?
Should we wait and not act on the basis of early indicators? I think that would be a tragic mistake because the only chance we have to reverse the deterioration is if we act early and decisively.
EARLY INDICATORS? EARLY INDICATORS? THIS HAS BEEN HAPPENING FOR THIRTY FUCKING YEARS AND YOU'RE JUST NOW PICKING UP ON EARLY FUCKING INDICATORS??????????
Idiot.
On the other hand, given that our business and governmental elites are completely stupefied by royalism, completely unable to process reality until it's spoken by a high-caste aristocrat, maybe this will finally reach their evacuated crania.
No it won't. They're not stupid, they're murderous. They know exactly what they're doing. Killing a country in broad daylight, with the spoils going to China, George Soros and Goldman Sachs. ¶ 6:00 PM
