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TSMC looks to double down on U.S. chip factories as talks in Europe falter

(www.reuters.com)
437 points adventured | 3 comments | 15 May 21 00:49 UTC | HN request time: 1.804s | source
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neonological ◴[15 May 21 01:31 UTC] No.27161465[source]▶
You guys ever wonder why they don't choose California? These factories have huge environmental impacts that California is not okay with. These factories produce massive amounts of waste that cannot be recycled. This is also very likely to be the same exact reason as to why these talks didn't go so well in Europe.

Arizona like Texas is more business friendly at the expense of not looking out for the well being of people who live in these locations. Ironically, right now by being more business friendly more people want to move to places like Arizona or Texas for jobs.

It's a strange balancing act that has a lot of potential for being over corrected for. Industry brings business and economic growth but ruins the environment and has harms the people living in the area. The insidious thing is environmental costs are paid for much much later.

The consequences of being way to business friendly in these places may only be apparent a decade from now just like how the price of being too business unfriendly is now very apparent in California.

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oogabooga123 ◴[15 May 21 02:06 UTC] No.27161644[source]▶
> Ironically, right now by being more business friendly more people want to move to places like Arizona or Texas for jobs.

This isn’t “ironically”, this is literally the primary argument in favor of this policy angle.

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neonological ◴[15 May 21 02:17 UTC] No.27161689[source]▶
The entire purpose of business regulation is to protect the people.

People choosing to give up this protection is the irony.

For example. Tobacco kills people. Government looks out for the interests of the people and regulates Big Tobacco. So Big Tobacco moves to a place where it is unregulated and free to distribute tobacco even to minors. People "IRONICALLY" against their own self interest follow the company because of jobs and money.

The above is just an example made really obvious. For semiconductors it's not so obvious. What exactly is the harm? It's not so evident, you need to do research to find out.

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1. oogabooga123 ◴[15 May 21 03:12 UTC] No.27161981[source]▶
I suppose you would have the government approve every individual action you take to ensure it isn’t against the interest of “the people”. I’m just glad there’s still enough voters who don’t think like you, to be honest. That concerns me a lot more than how dangerous the products in the store are.
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2. adrianN ◴[15 May 21 04:34 UTC] No.27162402[source]▶
I don't think you need to argue against such a strawman. Do you think that literally all regulation is bad? Governments shouldn't exist at all?
3. neonological ◴[15 May 21 04:43 UTC] No.27162444[source]▶
You suppose wrong. I'm kind of moderate. Seeing that I never said anything otherwise but you made a baseless supposition out of nowhere I'm guessing you're pro business in favor of total deregulation.

Make no mistake. The purpose of business regulation is to protect the people. This is absolutely true.

Execution of such regulations has unintended consequences though.

Regulating business harms profits which harms jobs and in turn harms people who could have had the jobs. Harmed profits also harms the owners of the businesses who are also people.

So basically there's a feedback loop here. You make the law for the purpose of protecting people but you are also harming people at the same time.

I'm a moderate or undecided because this loop presents a practical and moral dilemma. There's a balance somewhere but no truly one knows where and the complexities of society make it so that civilization will never arrive at this balance. Society tends to oscillate wildly around this equilibrium point migrating between the two extremes of pro business and pro "the people."

Tobacco is just one example. A lot of people think of tobacco as cookies, so if that's too tame for you then replace that example with Big Pharma and the opioid crisis or The dumping of toxic waste into Toms River by Big Chemical.