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Are Microchips the New Oil?
Feb 21, 2023
Tufts University associate professor and author Chris Miller discusses the geopolitical implications of microchips, including their control, concentration, and economic value ad dependency. The podcast explores the evolution of the industry, the future of chips and AI, and the risks involved in investing.
42:30
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Quick takeaways
- Microchips have a strong connection to military power, shaping global power dynamics.
- The complexity of the chip industry and specialized manufacturing processes make it difficult for new players to enter and compete effectively.
Deep dives
The Importance of Chips in Daily Life
Chips are an integral part of daily life, present in devices such as alarm clocks, coffee makers, cars, smartphones, and PCs.
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