Wouldn’t it be hysterical if Intel foundries fail under the Trump regime and Mexico steps in and says “I got this”
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They’ve had decades of brain drain because of all the insecurity and corruption. Currently I don’t see that reversing, it’s very ingrained. I hope they find a way of providing better opportunities, demographically it’s a young country so maybe they can make something work for them.
But oof is it gonna be an uphill battle when your government works against you by not supporting education, security, infrastructure.
Yeah, Mexico needs a lot more than tech investment, they need:
- functioning law enforcement - bribing officers is very much a thing pretty much everywhere
- safe highways - high robbery is very much a thing, and it's highly recommended to hire local drivers who know which roads are safer
- crush the cartels
High tech investment needs law and order, and that's not consistent in Mexico. Fix that and maybe people will stop fleeing the country. Education is important too, but the country first needs to be a place foreigners feel comfortable relocating to, because that will be necessary to set up shop.
crush the cartels
They do not need to do this. All they need to do is legalize all drugs and the "evil" cartels will turn into enterprises.
The war on drugs has been going on for over fifty years with no resolution in sight and not much to show for it except wasted tax payer money. A radically different approach is perhaps warranted.
The US needs to legalize drugs, if they don't, there will continue to be a market and cartels will serve that market. That's not something Mexico can control, so the next best option is to drive them out of Mexico.
Have you been to Mexico City or (even more so) Guadalajara since the Pandemic? Multinational techs are investing and building up campuses like crazy. Reminds me of the go-go years of Bangalore in the 2000's.
Mexico has a real possibility of moving up the value chain and gobbling up all the good stuff Trump is pushing away from the USA
I haven't, but I do know Mexico City has been getting a fair amount of investment. That said, I have a friend who has gone back, and there are still the same law enforcement issues in the surrounding area.
Yeah, countries should realize that brain drain is much more serious issue than is usually portrayed.
But honestly the issues that lead to brain drain are far beyond what one or a few people in power can fix. It’s usually caused by deep societal issues, things that emerge after little dysfunctions snowball all the way to the large system that is the whole country.
For example, I’ve seen articles like this which in my opinion summarize what is the real issue in Brazilian society. But also one could argue this behavior becomes prevalent because society is already dysfunctional and people normalize the current way of thinking. It’s really a chicken and egg problem to solve when you look at the whole country scale.
I wanted to remind that Mexican cartels grew this powerful by using the war on drug of the USA to target only Colombian cartels, so the USA are partly responsible for their growth
Maybe they found out how to make drugs or money from chips?
So once US engineers will start fleeing there, it will give a new meaning to "them mexicans are stealing our jobs!"
Good. The world needs more semiconductor factories
Good for them. They capitalized on car and other manufacturing, so why not chips? Once we get past this senseless personal trade war, it could be profitable to both sides of the border. Given the long lead time for chips, the timing might work out
They should have done things like this some time ago, instead of nationalizing oil companies.