Steve Jobs Cautioned 34 Years Ago About the Risks of America Being ‘Hollowed Out’ by Foreign Manufacturing – A Concern Respected by Trump Today – Taiwan Semiconductor (NYSE:TSM)
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Steve Jobs Cautioned 34 Years Ago About the Risks of America Being ‘Hollowed Out’ by Foreign Manufacturing – A Concern Respected by Trump Today – Taiwan Semiconductor (NYSE:TSM)
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Steve Jobs’ warning about America being “hollowed out” by foreign manufacturing remains incredibly relevant today, especially as we rely so heavily on global supply chains. It’s interesting to see how this concern has resurfaced in contemporary discussions, particularly by political figures like Trump, who emphasize the need to bring manufacturing back to the U.S.
The rise of companies like Taiwan Semiconductor is a reminder of how critical foreign manufacturers have become in the tech industry. While they contribute significantly to advancements and offer competitive pricing, it begs the question of what we’re sacrificing in terms of domestic innovation and job creation.
The balance between leveraging global efficiencies and ensuring a robust domestic manufacturing sector merits serious consideration. How can we foster an environment that encourages local production while still benefiting from global partnerships?