rantlust

Posted by manish on July 19th 2010 in Rants
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A thought provoking post by Intel’s Andy Grove. He correctly points out that we seem to think that inventing products and manufacturing them are two entirely separate competencies. What he points out nicely, is that today’s manufacturing expertise will lead to tomorrow’s inventions; therefore by outsourcing manufacturing expertise almost entirely, we are running our much vaunted invention engine on borrowed time. Or, as the saying goes, genius is 90% perspiration and 10% inspiration. As a society, we seem to be saying: let the Chinese and Indians do the perspiration; we’ll step in for the last 10% and put in the creative genius that really matters.

However, his solution of trade wars and protectionism in not as impressive as his diagnosis of the problem. Here’s a rebuttal.

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