It’s quite amusing that the government basically gave a giant hand out to the tech sector (CHIPS act) to move in that direction and the companies spent loads of it on buying their own stock to inflate shareholder value instead of investing it in production. Fictitious money go brrr
Yup the CHIPS act, the massive broadband rollout that has still never been completed, subsidized research. It’s honestly amazing how the tech industry still fails and sucks after being propped up.
It’s quite amusing that the government basically gave a giant hand out to the tech sector (CHIPS act) to move in that direction and the companies spent loads of it on buying their own stock to inflate shareholder value instead of investing it in production. Fictitious money go brrr
Yup the CHIPS act, the massive broadband rollout that has still never been completed, subsidized research. It’s honestly amazing how the tech industry still fails and sucks after being propped up.