Tuesday, July 13, 2010

The Intel on Intel

Intel posts biggest quarterly profit in a decade

SAN FRANCISCO (AP) -- Intel Corp. has booked its largest quarterly net income in a decade as the chipmaker benefits from a stronger computer market and more sophisticated factories.

Did someone just say more sophisticated factories?



And who do you think checks the accuracy of the welds? Other robots.

It's a high-tech robot job creation program. That's exactly what we needed.

The last time Intel's quarterly net income topped $2.5 billion was in 2000 during the dot-com heyday, when Internet fever fueled spectacular computer sales.

We've replaced that Internet fever with robot fever. Prosperity here we come! We can sit at home and play video games while the robots do all the work for us. Fantastic!



As a side note, China's 1.3 billion workers will also be able to sit at home and play video games each and every day with us. Win win!



Can I assume that unemployment benefits will be extended permanently? Can I also assume that non-farm payrolls will change to represent the future economy? Perhaps something like non-human payrolls? I think a count of unemployed robots going forward may be far more useful. Just a thought!

2 comments:

remy said...

Re: Chinese Gold Farmers

I am simply amazed!! I guess you can do what you love...

Stagflationary Mark said...

remy,

I used to play Eve Online.

There would be Chinese miners who would farm the asteroid belts for virtual minerals that could be sold for isk (the game's virtual currency). This isk was then be sold for real currency.

They'd operate roughly 24 hours per day, seven days per week mining virtual rocks for virtual money to sell to others for real money.

The Eve Billionaire Review

Considering that ISK is being sold by Chinese ISK sellers for stupidly high prices and they are ripping everyone off I am going to do my bit to put them out of business!

We live in one crazy world.