bostonbubble.com

Boston ITer · Joined: 11 Jan 2010 Posts: 269

sector in America...

http://www.businessweek.com/magazine/content/10_28/b4186048358596.htm

Albeit, he's been involved in offshoring Intel production and R&D, himself, so it's kinda like calling the kettle black but at least he's one of the few CEOs who's stating the facts, now that he doesn't need to earn a living anymore.

CC · Guest

Thanks for sharing. It's a very good article.

BTW, I am from East Asia. I don't agree with him, especially the last page.

It's funny under the globalization, no one is happy. Americans lost jobs (I guess 15% or more); people in East Asia are doing bad because they are mostly in the middle of the chain; most people in China work like dogs and are still very poor because their salaries are so low and at the same time everything gets so inflated.

balor123 · Joined: 08 Mar 2008 Posts: 1204

Very good article. I've also thought that this is a problem. There's a tug of war for innovation between the makers and the thinkers. Innovation will slowly die as we lose visibility on the manufacturing. In short, there's a lot more makers than thinkers and we're likely to lose this tug of war unless we bulk up on people here. What Grove misses, however, is that we can't simply force American companies to bring back manufacturing through policy and tax changes. Businesses will simply start there without us. We need to bring down the cost of doing business in the US. The cost of healthcare, real estate, law, standards of living, etc are significantly lower elsewhere and unless we change those things we can't be competitive.

Boston ITer · Joined: 11 Jan 2010 Posts: 269

Kaidran · Joined: 17 Mar 2010 Posts: 289

This is so true. Most of the innovations I have made in my job are in addressing day to day problems. If the day-to-day is shipped overseas you don't get the situations to give you the new ideas.

I'm not sure about the VC money flow but in a previous life I was working on microchip technologies. The Chinese students were not allowed to work at Intel. The understood reason was that the US govt did not want them to leave and take the technology back to China for application to military hardware. That was a few years back though, it might have changed now.