this post was submitted on 04 Dec 2023
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See, that works for a farm.
I don't see how it works for a $40 billion chip fabrication plant.
Simple. You know all those scientists that work at $40 billion chip plants? They would actually take the $40 billion and not some random suit who doesn't do any of the actual work. Executive leadership is important, but it's not worth 1000x the average worker's salary.
So who builds it? Do you just get together with 40,000 of your friends and go "hey if everyone here chips in a million, we can compete with TSMC"?
There are examples of exactly this occuring regarding renewables, there are community funded battery/solar farms here in Aus.
If it can be done on that scale, it can definitely be scaled up, it's just a matter of willingness of the community.