Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
Niidae Wiki
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
Andrew Grove
(section)
Page
Discussion
English
Read
Edit
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
===Preference for a "job-centric" American economy=== While Grove supported helping technology startups, he also felt that America was wrong in thinking that those new companies would increase employment. "Startups are a wonderful thing," he wrote in a 2010 article for [[Bloomberg News|''Bloomberg'']], "but they cannot by themselves increase tech employment."<ref name=Bloomberg2>Grove, Andrew. [https://www.bloomberg.com/news/articles/2010-07-01/andy-grove-how-america-can-create-jobs "How to Make an American Job Before It's Too Late: Andy Grove"], ''Bloomberg News'', July 1, 2010 – [https://web.archive.org/web/20100704020644/http://www.bloomberg.com/news/2010-07-01/how-to-make-an-american-job-before-it-s-too-late-andy-grove.html Memento from Internet-Archive Archive.org of July 4th, 2010]</ref> Although many of those startups and entrepreneurs would achieve tremendous success and wealth, said Grove, he was more concerned with the overall negative effect on America: "What kind of a society are we going to have if it consists of highly paid people doing high-value-added work and masses of unemployed?"<ref name=Bloomberg2/> Grove felt that employment growth depended on those companies' ability or willingness to scale up within the US. According to Grove, Silicon Valley's "innovation machine" over the last few decades has not been adding many jobs, although American tech companies have instead been adding jobs in Asia "like mad."<ref name=Bloomberg2/> He noted that while American investments in startups have increased dramatically, those investments have in fact resulted in fewer jobs: "Simply put," he wrote, "the U.S. has become wildly inefficient at creating American tech jobs."<ref name=Bloomberg2/> He therefore worked to keep Intel's manufacturing in the US, with the company having 90,000 employees in 2010.<ref>[http://www.foxbusiness.com/markets/2016/03/22/former-intel-ceo-chairman-andrew-grove-dies-at-79.html "Former Intel CEO Chairman Andrew Grove Dies at 79"] {{Webarchive|url=https://web.archive.org/web/20160324060832/http://www.foxbusiness.com/markets/2016/03/22/former-intel-ceo-chairman-andrew-grove-dies-at-79.html |date=March 24, 2016 }}, ''Fox Business'', March 22, 2016.</ref> He explained the causes and effects of many business's growth plans: {{blockquote|Each company, ruggedly individualistic, does its best to expand efficiently and improve its own profitability. However, our pursuit of our individual businesses, which often involves transferring manufacturing and a great deal of engineering out of the country, has hindered our ability to bring innovations to scale at home. Without scaling, we don't just lose jobs—we lose our hold on new technologies. Losing the ability to scale will ultimately damage our capacity to innovate.<ref name=Bloomberg2/>}} To remedy the problem, he strongly believed that "job creation" should become America's primary objective, much as it is in Asian nations. Among the methods he felt were worth considering was the imposition of a tax on imported products, with the funds received then made available to help American companies scale their operations in the US. However, he also accepted the fact that his ideas would be controversial: "If what I'm suggesting sounds protectionist, so be it."<ref name=Bloomberg2/> Or that those protectionist steps could lead to conflicts with trade partners: "If the result is a trade war, treat it like other wars—fight to win."<ref name=Bloomberg2/> He added: {{blockquote|All of us in business have a responsibility to maintain the industrial base on which we depend and the society whose adaptability—and stability—we may have taken for granted.<ref>[https://www.nytimes.com/2016/03/26/opinion/andy-groves-warning-to-silicon-valley.html "Andy Grove's Warning to Silicon Valley"] ''The New York Times'' 26 March 2016</ref>}} Grove was also in the minority of high-tech leaders when he advocated taxing internet sales made to other states: "I don't think electronic commerce needs federal or state subsidies in terms of tax advantages," he told a Congressional committee in 2000.<ref name=Computerworld>"High-Tech Chiefs Lobby Key Issues at Capitol Hill Hearing", ''Computerworld'', June 12, 2000, p. 8.</ref> At the same hearing, he also expressed his opinion about [[internet privacy]], stating that "personal data is a form of property and it's inevitable that governments will regulate property rights." He said that it would be better if the federal government established its own uniform privacy standards rather than have states create a patchwork of different laws.<ref name=Computerworld/>
Summary:
Please note that all contributions to Niidae Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Encyclopedia:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
Andrew Grove
(section)
Add topic