• 18 Posts
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Joined 1 year ago
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Cake day: June 14th, 2023

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  • The mainland Chinese SMIC is doing everything they can without access to ASML’s EUV machines, and have gotten further than anyone else has on DUV.

    You can’t say that, though, because it implies Chinese engineers and information technology scientists are trailblazers rather than plagarists and IP thieves.

    Intel did introduce both technologies in its 20A process (supposedly 2nm class), but then canceled it due to low yield. So they’re basically betting the company on their 18A process, and hoping they can get that to market before TSMC and Samsung hit their stride on 2nm.

    And I’ve got a few shares in my retirement account riding on that success. But its more a hedge against my own cynicism than a sincere expectation. Intel, like Boeing, seems far more interested in rewarding investors in the short term than maintaining a foothold in the market long term.




  • Debt, both on-the-books and anticipated.

    Intel’s investments in the Titanium chipset have effectively dead-ended. They can’t get below 7nm efficiently. Meanwhile, you’ve got companies in Taiwan, Korea, China, and Japan breaking into the 3nm and 2nm scales. To catch up, they’re looking at hundreds of billions if not trillions of dollars in technical debt.

    Yes, they can keep churning out existing processors at huge profits in the moment. But the face value of these processors plummets with every new step in Moore’s Law. This amounts to asset depreciation, which means Intel’s value is heavily overstated on the basis of asset cost alone.

    I won’t argue that NVIDIA is overvalued. But I think the degree to which they are overvalued is often misattributed to speculation and avoids the real specter haunting the company… competition. NVIDIA’s market dominance and the escalating demand for their technology means the sky really should be the limit for their growth. Demand for AI processing is at the forefront of these expectations. But a rival manufacturer capable of cutting into demand for their units would dramatically undermine their profitability.

    Its the same with firms like Microsoft and Facebook and Boeing. So much of their dominance is predicated on the theory that people will never leave these walled gardens and their margins being enormous purely because they controlled a critical commodity/patch of technical real estate.

    There was - incidentally - another enormous company that seemed to have the market cornered in its industry and got complacent with its R&D and long-term investment strategies… Intel.






  • clone is impossible

    It’s possible in the sense that you can get near identical genetic replicas of the parent organism.

    But the side effect of this process is in line with historical experiments of inbreeding. Most notably, you get a high instance of progeria, which is the opposite of what you want when aiming for life extension.

    You are acting as if it is an unsolvable problem.

    It is an unsolved problem. Whether it is solveable (either theoretically or practically) is an unanswered question.

    But there’s a real possibility that “anti-aging” is, at its heart, a war against entropy that we can’t win.

    The best we can do may be to archive the information of a subject and pass it on to an inheritor. And we’ve already got a good handle on that, by way of schools and libraries and making babies.

    Or maybe not. Maybe there’s a trick to indefinite cellular repair and replacement. It’s just not anywhere on the horizon. If it exists, the closest we’ve come so far is hypothesis. Nothing we’ve tried has successfully undone aging, even at a single cell level.





  • Gaza is a cautionary tale for that

    Just like with Vietnam, it seems the measure of success is in blood. Since the population of Gaza has been decimated - quite literally 1 in 10 Palestinians are now dead and we’re expecting tens to hundreds of thousands more dead before the end of next year due to famine and disease, nevermind war - while the Israelis report minimal casualties, they believe they are “winning”.

    We have seen this in Afghanistan, Iraq, Syria, Vietnam…

    The lesson of these wars to the political class is that they win reelections, they generate enormous profits, and they never seem to bother the median voter over the long term.