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IDF 2008: Opening Keynote Speech Criticizes U.S. Government

By - Source: Tom's Hardware | B 7 comments

It seems Intel Chairmen of the Board, Craig Barrett has ruffled a few feathers with his keynote speech at IDF.

This years IDF is missing a couple of big players, namely, CEO Paul Otellini and Vice President Sean Maloney. Fortune reports that Otellini is on vacation, taking the remaining four weeks of an eight week sabbatical employees are entitled to for seven years of service to the company while Maloney (often considered to be next in line for Otellini’s position) is at the Olympics in Beijing.

The absence of either of these figures is a testament to the corporate strength of Intel. That two of the company’s top dogs can go on holiday or attend the Olympics during what is arguably one of the most important weeks of the year for Intel and not compromise the event at all is quite impressive. This year’s opening keynote was instead given by Craig Barrett, Chairman of the Board with some interesting results.

Barrett discussed at length the need for R&D and innovation and slated the U.S. for not recognizing how important these were to the future competitiveness of the country. He explained how further developments in innovative technology could reduce the cost of health care, demoing an electronic medical records system, and pointed out how much funding was being taken up by the war in Iraq.

Mr Barret claimed that education was where it began but that the U.S. lacked in certain compartments compared to other countries, especially in maths and science.

"It all starts with education, and education is the key. Every country recognizes the importance of education, but look where the US ranks from an educational perspective. That’s because we don’t have good, certified teachers in maths and the sciences."

Look out for our full IDF coverage all this week.

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  • -1 Hide
    usapatriot , August 19, 2008 7:33 PM
    Intel's feeling the heat.
  • 4 Hide
    uberlaff , August 19, 2008 7:57 PM
    Intel takes on US Gov't?! "We have developed a process to create a smaller, faster, and more efficient means of governing. This will be supported with a 'tick, tock' approach to stay ahead of our competition."
  • 0 Hide
    antilycus , August 19, 2008 8:03 PM
    us govt is just a private company, so they might as well... there is absolutely NOTHING federal about the Federal Reserve. It always has been a private bank, just like FedEx is a PRIVATE shipping company
  • Display all 7 comments.
  • 0 Hide
    jaragon13 , August 19, 2008 8:05 PM
    usapatriotIntel's feeling the heat.


    I say Intel is going the right path,treating research and development higher than what AMD would put...Treating it like a necessary,not just an extra way to make some money.
  • 1 Hide
    Anonymous , August 19, 2008 9:34 PM
    I didn't know Obama and McCain were at IDF. Wait, this even isn't a political forum?
  • 0 Hide
    evilshuriken , August 19, 2008 9:49 PM
    At the end of the day, just having the bigger penor just makes all the difference. That is all.
  • 0 Hide
    Wisecracker , August 25, 2008 5:35 PM
    I think if 70% of your revenue and 40% of your employment is outside the United States, stones should not be thrown.

    And blaming 'education' policy while receiving hundreds of millions of dollars in economic development incentives from state and local gov'ts just ain't right...

    while laying off 1,000s of employees and building a $3 billion manufacturing plant in China.

    Nice try, Craig.