California may win chip race while losing productivity one
Silicon Valley built its reputation by making transistors smaller and smaller. For decades, each shrink delivered a predictable payoff: faster computers, cheaper computing power, new products and new industries. Moore’s Law became a self-reinforcing cycle. Lower costs expanded demand, rising demand funded the next generation of innovation and the result was an economy where a […] The post…
We haven't written up this one. Asia Times has the full story — the link below goes straight to it.
