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140 - The Future is Fiat | Noah Smith (Noahpinion)
Bankless
What's in Those Numbers?
U.S., Taiwan, South Korea, Japan, Europe together produce most of the semiconductor industry in the world. China's racing to catch up, but they won't be there for a while. Without semiconductors, without chips, it's very hard to make a modern military. Russia has actually slightly more than us, the most deployed nukes in the world, 1600 nukes,. Is that allowing them to conquer the world? It's not because they're fighting a proxy war maybe against the west. The nuclear arsenal of one country can completely level another and that can happen simultaneously. So does any of this even matter anymore?
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