I have interviewed Turkish people that did not have Cloud experience as their large companies (e.g. banks) were not allowed to use US cloud services. Seems like that was wise now.
Don't worry. There is plenty to be done. These stories come up every few years. Previously it was outsourcing to India, or low-code tooling, etc. AI can make you more productive but there will still be plenty of jobs.
Intel cancelled a 25 billion site in Israel. The future of multi national companies in Israel does not look bright. This feels like a propaganda piece.
It's not just security that puts people off though. For a lot of people Israel is no longer somewhere they'd consider. The views of Israel inside and outside Israel are so different now that it's hard to see how that ever changes.
Propaganda feels a bit harsh. It's a pro-business article from an Israeli business periodical, so there's definitely bias at play, but I don't think any of the information presented is especially misleading.
The article is pretty clear about the genesis of the project, that the division exists because ARM bought an Israeli company nearly 10 years ago. I'd love to know more about the competitive advantages that basing the company in Israel provides, but I'm not really expecting that from a business mag filler piece.
They have bright engineers. Labor seems cheap based on the job posting so I’ve seen. There’s a lot of R&D done in Israel. Put it together and it’s similar to why people would do business near MIT or Cornell or something.
One success that was recent was the Gaudi chips Intel advertises to compete with Nvidia in AI training. They were an Israeli startup. Long ago, Lenslet or someone did an optical processor (Enlight?). Very innovative people over there.
Israeli tech salaries are higher than in the UK or Europe, Big Tech goes there for the brains, not for cost savings. Intel has design labs in India as well.
Then again, it was Intel's tiny Israeli team that saved them fron oblivion at the hands of AMD due to the dead-end that was Netburst (Pentium IV), by taking the Pentium-M architecture and turning it into Core.
Jobs famously muscled his way in and took their ideas, albeit from a dumb board.
Famous story:
Steve Jobs confronted Bill Gates after he announced Windows' GUI OS. "You’re stealing from us!” Bill replied "I think it's more like we both had this rich neighbor named Xerox and I broke into his house to steal the TV set and found out that you had already stolen it."
Folk is as old as folk. As Lou Reed said when asked about folk music he said, “let me tell you about folk music, the folk are listening to rock and roll”.