>That amounts to one million dollars per job. Wonderful. At least this is high-tech, but I wonder how many businesses NOT on the cutting edge of progress get those kinds of subsidies. Oil companies, for one?
I know a bit about this -- my best friend (a Cornell grad) just interviewed for a lead teaching position at the nanotech school in Albany. This may be a case where the subsidies aren't such a bad move, even if they seem steep... they're trying to build a tech corridor up I-87 from Albany to Saratoga, and they needed a flagship company... AMD, 15 miles up from the nanotech labs, will be that. They're really forward-thinking. They've got a whole bunch of people working in the tech centers as engineers, programmers, biotechnicians, etc. The position that my friend is interviewing for is to teach business skills to those techies so they can become the next big technology CEOs... then, 5-6 years down the line after the AMD plant's technology becomes obsolete (I'm not really keeping up; is it being tooled for something like .05 micron interconnects?) and they start producing commodity chips, the most skilled guys there would be able to go work for the new companies estabilshed by those aforementioned CEOs.
Pretty neat, no? And it's my city! EDIT: Although, spending all my time in NYC these days (currently writing this post from a TGI Friday's by Wall St.), it's much less my city than it was, say, five years ago...
-Z |
