News

Category – Opinion

The looming danger of a massive chip glut

Excessive production of anything is a recipe for trouble and there is a danger that it’s going to happen with one of the most valuable components that power countless everyday devices: semiconductors. Multiple governments are driving this, through hundreds of billions of dollars of production subsidies, all coming on stream at the same time.

Embarrassment, what is it good for?

I was about five minutes into a lovely chat with a man backstage at an event recently when I casually asked him: “So what do you do then?” As he humbly explained that he tends to do things “on stage and stuff”, I suddenly realised, to my horror, that I was talking to a very famous actor. But no sooner had I started to turn scarlet and to say things like “Oh, I knew I recognised you” (a lie) than the actor lost his grip on the mini-cake he was trying to lift to his mouth, launching it into the air. It smooshed onto the floor, iced side down. “Oh God,” he muttered.