[TacticalCoder]

I'm more than cautious too:

> ... initiatives that are interconnected and mutually reinforcing across each stage of the value chain, from chips, to infrastructure, to software, cloud and AI, and in synergy with past and ongoing initiatives such as AI Factories and AI Gigafactories

Software / Cloud: yes, Europe can try to do something but I doubt it. Although it should be pointed out that the EU has one software company in the Top 100 companies in the world by market cap. One. And it's that fucking lame piece of uber-shit that SAP is.

SAP: that's what europeans can do. While the US has Google, Amazon, Netflix, Microsoft, Oracle, Palantir, CloudFlare, etc. Not that these are all great companies but these are heavyweights compared to that pointless, irrelevant, turd that SAP is.

Chips? Besides ASML (which is only part of the chain), we're a wasteland and ASML is mostly US-owned.

Not going to see the next Intel / AMD / NVidia from the EU: that simply is not going to happen. It just won't.

AI gigafactories? Bull-fucking-crap.

The only area where Europe can try something is software but this must be put in perspective: SAP vs all the US software companies.

Don't forget all we could do is SAP. And that is a monstrous piece proprietary lock-in shit.

[storus]

NOKIA was the only competitive/innovative EU company until US funds with high stakes in MS bought it, planted their trojan horse of a CEO and made it into a headless chicken sacrificed for a chance of MS to stay relevant in the mobile industry.

[f_devd]

> Chips?

Only ST, NXP, Nexperia, Osram, and a bunch more obscure ones. It's not a boom, but it's far from a wasteland

[joe_mamba]

Infineon as well, but all those EU semi companies mostly make cheap low margin chips that more or less compete with the commodity chips of China and Taiwan but not with the IP from the US or even Israel who designs and sometimes also makes mostly high margin CPUs, GPUs, FPGAs, switching fabric, cellular modems, etc stuff that the EU uses and imports a lot but has no domestic players in.

In that regard yes, the EU semi industry is kind of a wasteland, considering how big the EU and how small its semi industry is.

[Vespasian]

ok how would you recommend to get started? Doing nothing will change nothing.

[trumpdong]

They should stop sending people to jail for operating a website with UGC, a public WiFi hotspot, or for completing the wrong bureaucratic forms. However free the US is, Europe is the opposite extreme. Everything has a bureaucratic process and if you don't do it right you go to jail. I'm stuck there and scared to do anything innovative.

[kvgr]

Make the work market, business market and everything 90% less complicated across EU. I would actually dictatorially made all work and company laws obsolete. EU company, flat tax 20%, goodbye. One month no reason firing. I just thought about how crazy is the car situation, you move somewhere with your car, for couple months and you SHOULD reregister your car, because of law and insurance, costs money, then you go back and again deregister and it costs money again. Millions of things like this. As if there cant be one EU car register and just insurance flow based on where you reside. Even the residence is different by every counry. Some need you to change “permanent” residence and ID and everything it touches. Some you just say i live here now, here is electricity bill, done. Law harmonization is the stupidest thing. Either make one EU law or do not put nose into it. Every country makes it differently, some even more strict than EU requires for no reason.

[tancop]

> EU company, flat tax 20%, goodbye. One month no reason firing.

thats how you get a hyper capitalist nightmare like south korea. firing with less bureaucracy makes sense but if your company really needs it that is already a legal reason, american style at will employment just takes away stability from workers.

for the tax part i support lower or zero VAT (taxing consumption is always regressive) but we need to replace it with high and progressive taxes on paid out profits, both dividends and buybacks/indirect payouts. at least 60% for the top bracket. also capping total comp to 5x the companys median like in some nordic countries.

[brickers]

ARM?