> In its announcement, IBM said it intends to spend $30 billion on R&D over the next five years - an average of $6 billion a year - as part of "plans to invest $150 billion in America over the next five years to fuel the economy and to accelerate its role as the global leader in computing."
> By way of comparison, the tech giant spent and $7.48 billion on R&D last year, and $6.78 billion the year prior, according to the IT giant's 2024 annual report [PDF].
So they intend to spend less than they do now? On nebulous goals with no accountability whatsoever?
Instead of slapping tariffs on everything we can't manufacture anyway, it makes more sense to penalize generalized outsourcing and labor importing when there's perfectly capable tech workers already here.
But I suspect I'm preaching to the choir on that point.
stego-tech•9mo ago
> By way of comparison, the tech giant spent and $7.48 billion on R&D last year, and $6.78 billion the year prior, according to the IT giant's 2024 annual report [PDF].
So they intend to spend less than they do now? On nebulous goals with no accountability whatsoever?
Instead of slapping tariffs on everything we can't manufacture anyway, it makes more sense to penalize generalized outsourcing and labor importing when there's perfectly capable tech workers already here.
But I suspect I'm preaching to the choir on that point.