> The Biden administration, equipped with $39 billion in subsidies to distribute,
IMO this is the major problem in American politics (maybe world too)- That we have the government picking and choosing winners before the game is even played.
IMO we should be rewarding the winners in a after a fair game with rules tailored to what we want to incentivize. Eg: A per chip, per TFLOP or other intelligent metric reward AFTER the item is produced and sold on the free market. IMO The government should not be financing or changing the capital structure of any corporation, instead investors should take the risk and use financial structures available to chase the rewards.
But what I'm referring to here is the goal of having American produced chips. If TMSC wants to produce in America, and a foreign government wants to foot the bill, then what would be the issue?
IMO this is the major problem in American politics (maybe world too)- That we have the government picking and choosing winners before the game is even played.
IMO we should be rewarding the winners in a after a fair game with rules tailored to what we want to incentivize. Eg: A per chip, per TFLOP or other intelligent metric reward AFTER the item is produced and sold on the free market. IMO The government should not be financing or changing the capital structure of any corporation, instead investors should take the risk and use financial structures available to chase the rewards.