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this post was submitted on 17 Aug 2023
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It's never been about US workers having the skills. It's always been that we expect to be compensated for our labor. Paying real wages looks bad for their bottom line so they export the work and import the product at a fraction of the cost.
Actually if you read some of the stuff TSMC's top guy has said, you'll see there may be a bit more than compensation involved. It looks a bit like good old fashioned racism. Something about Taiwanese brains vs American brains. It's not good at all.
I mean, these are cultures where racism is kinda normalized. Nothing particularly surprising.
Still it's funny how in XIX century with the same amount and quality of equipment an English worker would be 4-8 times more productive than a Chinese worker, and now a Taiwanese company is having the same doubts as Europeans had back then about opening a factory in USA.