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by tryptophan 1418 days ago
Pardon my language, but how the fuck is it possible to ruin a company like Intel with 0 consequences like this?

Something is deeply wrong with our economic/legal system.

Why do semi-making jobs pay so poorly when they literally underpin everything? But kids out of college make 150k mashing NPM packages together?

I blame free trade and the fact that the fed is allowed to engage in quantitative easing for a lot of these issues. Why care about the country when you can just play financial games instead?

2 comments

Demand and supply, 100s of companies looking for that npm kid, while just a few For that semi engineer.

Also yeah QE, billions and trillions with no place to invest so why not give few billions to startups with charismatic CEO and a good story.

Intel got money so it can buy congressman. Normal citizens can’t, so their opinions don’t matter. You can see the skyrocketing profits for companies and at the same time dropping peoples income and their living standards. That’s inherent to how American idea of democracy works, but it got particularly bad over the past two decades.