This guy is a gem: https://www.youtube.com/watch?v=UTgrWmOk4q8
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Why ASML won:
They went against standard philosophy -> Standard philosophy is you always have multiple vendors.
ASML went entirely against this, instead they found the best supplier in the world for each one of their critical components, and they signed an exclusivity deal with each one.
So ASML couldn't buy from anyone else, and the company couldn't sell to anyone else.
So China is still trying to catch up, because they are not able to buy ANY of the parts of the stepper.
They went against standard philosophy -> Standard philosophy is you always have multiple vendors.
ASML went entirely against this, instead they found the best supplier in the world for each one of their critical components, and they signed an exclusivity deal with each one.
So ASML couldn't buy from anyone else, and the company couldn't sell to anyone else.
So China is still trying to catch up, because they are not able to buy ANY of the parts of the stepper.
> If I have to advise young people who want to learn a new field - unless it's very new - I advise to look up books before 1965, preferable British books, because in Britain they write with esoteric expertise about a very narrow subject.
> So good books, they have to be old, the author usually has a hyphenated name...
> So good books, they have to be old, the author usually has a hyphenated name...
> People go to university now but they have no retention, they don't remember anything from school.
> Sixty years ago they had no electives, and the whole program was synchronized, so if you learned Fourier transform in math, then in the next week, the physics teacher was using it.
> It was a bunch of German professors who just recreated the same curriculum they had in Berlin.
> And they taught fundamentals, because if you teach the vacuum tube, then the transistor comes along, that's not useful. But fundamentals don't change through your life.
> Sixty years ago they had no electives, and the whole program was synchronized, so if you learned Fourier transform in math, then in the next week, the physics teacher was using it.
> It was a bunch of German professors who just recreated the same curriculum they had in Berlin.
> And they taught fundamentals, because if you teach the vacuum tube, then the transistor comes along, that's not useful. But fundamentals don't change through your life.
> How did you know that you would be no good at business?
> Well, my dad was a writer, so there's no way I could have the genes for that
> Well, my dad was a writer, so there's no way I could have the genes for that
> If you're not thinking about what you're working on in the shower, then you're in the wrong field
> Of the 100 most important inventions in the world, most of them are crowded between the years of 1850 and 1920.
@cjd I may have missed it, but I didn't see the the single most important invention of all time: air conditioning.
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1Yea, saying cell phones and birth control are more important than refrigeration tells you something about the people who compiled the list...