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this post was submitted on 20 Dec 2023
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Having read the article it sounds like Pat is more complaining that Intel would have been positioned to milk the AI cow if the previous CEOs weren't fucking idiots.
He's right. Intel dumped their Tick Tock fast development cycle and let their product lines languish. Real stupid way to generate short term investor gains.
ALL the tech giants these days are solely focused on short term gains.
Ya sure he woulda coulda done different if he were in their places, because he is super hindsight man
Well Bob Swan did dump $20 billion on a single stock buyback that only elevated the share price for like 2 weeks and Brian Krzanitch saw delay after delay on 14nm which resulted in turning their two year lead into a two year defecit. There's definitely truth to Pat's words.