US to take 10% equity stake in Intel, in Trump’s latest corporate move. What are you thoughts on this from a privacy standpoint? I’m not close to being an expert on this tech, but can the US Government exploit this?
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What’s a better alternative for a CPU
AMD
10% equity isn’t much and wouldn’t influence Intel siginificantly but if they wanted to embed spyware in the CPUs they don’t even need to acquire any stake in it and probably already would have done so. All Intel CPUs for sometime now have been running Minix, it would have been easy for them to do so all along without doing so in the silicon directly. Plus Intel introduces security exploits in the CPU by themselves without the US government demanding it.
I do wonder what their angle is here. Collecting dividends to fund ICE while lowering taxes on the rich? Pumping Intel stock so insiders can sell? Although it’s “passive ownership,” the government will have voting shares, but they “promise” to vote with the board on most issues, with undisclosed “limited exceptions.”
At least it’s not a majority stake. Then it’ll be bad.
so the Republicans are the communists after all
You are confusing socialism with communism.Socialism is owning infrastructure like roads, electricity and water supply etc.Communism is owning private entities with the goal of full control of all means of production.
This is a step towards communism and not socialism.
Edit: OP edited it to communism. I respect that.
I want to add:
That being said above, the US goal is not communism. It is to control all powerful companies like Russia does. I dont know what it’s called, but it’s not communism, as that will require no ownership at all.
This move by the US is also no different that China owning parts of Huawei.
They already control the companies. Top down orders occasionally come down making that clear
“Communism is when Capitalism”
