• RegalPotoo@lemmy.world
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    10 months ago

    Because if you are a microchip manufacturer in the 70s:

    • Calculators are a reasonably good revenue stream once you’ve developed a chip, but needs a ton of upfront investment
    • Defence contractors have essentially unlimited budgets from DoD, need chips, and are more than willing to pay for all the R&D to get what they need

    The entire US tech and aerospace industries are built on what is effectively massive government subsidies in the form of weapons contracts