Microsoft created virtual avatars and you could assign one to your profile in the original "Microsoft Network" was back in 1992. I signed up as a charter member of that MS network to try it out... The concept of virtual chat rooms and metaverse is nothing new. Facebook / Meta is wasting tens of billions on old ideas that garnered little interest. The VR headsets are a fad and won't help that much.
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Pat will take intel to bankruptcy rather stop singing IDM tune.
🤣🤣🤣 true.
True story: Around year 2000, Intel created a 'metaverse' where characters could take on an icon and go play in a Chat Room. If I recall correctly, the VP was Mike Maers. The name of the 'product' was The Palace. Anybody here remember this walk down memory lane?
Anyway, thanks for the metaverse reference... Yeah, FB is a big joke with trying to claim the came up with 'metaverse'. What is Roblox if not the metaverse?! and they didn't have to pi-s away billions like Zuck to make it happen.
IDM is Intel's equivalent of Zuck's metaverse.
The cost and time to deliver IFS are beyond Intel's capacity... So you really cannot stick to it until the bitter end, You'll have to find some d-mb money investors like PE to fund it but even then they may not be stupid enough to bite. Pat has gotten himself too far over his skis to fix this. It's The Peter Principal.
This is the bitter end. The end is here now. Intel is in gigantic trouble and there is nothing on the horizon that will change the situation. AMD. TSMC, NVDA and former customers that now make chips have all sealed Intel's fate.
I was positive up until pay cuts. That would really hurt us. apparently wall street is more important than employees who deliver products
Sadly IDM x86 isn’t enough volume to pay the bills.
What is even more difficult is IFS where Intel is generations behind and has no scale nor ecosystem nor money to play with the big boys. IFS can’t materially help scale either of IDM
A true puzzle how the BoD was so taken by snake oil Pat
Intel can't compete with everyone and win. Either you ditch fabs and compete with AMD, NVIDIA, and Apple, or focus on fabs and compete with TSMC and Samsung. AMD, NVIDIA, and Apple each has a larger market cap than Intel and can afford to throw more money around to attract the best talent. Intel likely can't even beat any one of them, let along beating all 3. The fab option allows Intel to carve out a niche and not get squeezed to death by those 3. It's really the only option at this point.
You ask the Intel product team what they get from TSMC versus TMG, LOL.
It has no other practical option.
Real men have fabs, so Yes!
Do you think there is a pot of gold there or not?