As Intel and other US chipmakers were claiming billions of dollars in incentives under the CHIPS Act, they were quietly building separate Venture Capital arm...
It pissed people off so much when they did it in 2008, and they just kept doubling down on the strategy. Never learning any lessons (even when they partly did the right thing during the pandemic by cutting everyone a check, they had to pair that with the even larger TPP program that had barely any oversight).
The rich are now richer than they have ever been in history while we grumble about it on the internet. I think they just didn’t learn the lesson we might have liked them to have learned…
It pissed people off so much when they did it in 2008, and they just kept doubling down on the strategy. Never learning any lessons (even when they partly did the right thing during the pandemic by cutting everyone a check, they had to pair that with the even larger TPP program that had barely any oversight).
The rich are now richer than they have ever been in history while we grumble about it on the internet. I think they just didn’t learn the lesson we might have liked them to have learned…
The chickens haven’t come home to roost yet. But by now it’s building up into a tsunami.