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Comment by Taniwha | Hacker News Reader

Israel's economy is already in the toilet due to them becoming an International pariah because of the ongoing genocide - this will just make it worse

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Israel has the second highest GDP in the middle east[1].

https://en.wikipedia.org/wiki/List_of_Middle_Eastern_countri...

How big is that compared to the amount of financial support they get?

Actually quite large. Aid is in the single digit billion/year. GDP is 525 billion. So aid is roughly a percentage point or two. That’s it.

In the toilet? They practically run the world tech industry. Practically every GPU, laptop, and phone have a chip or sensor designed in Israel. FAANG companies keep growing their offices. Startup exits are at an all time high even as the war goes on (NVidia recently bought 2 more Israeli startups IIRC)

And good luck finding a Fortune 1000 company that isn’t using Monday or Akeyless or Zscaler or jfrog and I can keep going

Oh and remember Ilya sutskevers new AI company SSI? In their initial announcement they talked about opening with 2 offices, SFBA and Tel Aviv . You really can’t succeed without Israeli talent

You can like or dislike the government, but Israeli techs income and importance constantly grows YoY

I'm still amazed that many US companies willingly force every employee to install zscaler "to improve security and compliance", application which basically passes all inbound and outbound traffic through zscaler edge servers, unencrypted. Who knows who could be listening. And who can control that they aren't.

And yet Intel just cancelled a multi-billon dollar fab upgrade ...

https://www.timesofisrael.com/intel-suspends-planned-15-bill...

Israeli ports are going bankrupt ....

https://www.seatrade-maritime.com/ports-logistics/attacks-on...

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