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It's part of the EU's strategy to catch up by investing in future technology instead of building out present capacity. I think it's a mistaken strategy but it'
by KK7NIL 25d ago
It's part of the EU's strategy to catch up by investing in future technology instead of building out present capacity.
I think it's a mistaken strategy but it's hard to suggest anything better when you look at the measly amounts they're investing that would get them very little with existing technology. So, they're forced to gamble on vaporwave tech.
Edit: I'm specifically talking about their semiconductor and computing strategy.
- geremiiah 25d agoTrue, but what they do is they invest in fundamental research and then expect magic to happen and that research to lead to economic growth. Unfortunately the wizards that cast the spells live in the US, not Europe.
- rbanffy 25d agoA lot of wizards were scared away by a large orange demon and his minions. Europe is a safe place for them.
- KK7NIL 25d agoCitation needed. And the problem isn't that Europe doesn't have its own wizards, it's that they don't have the mana market to turn those spell ideas into reality.
- rbanffy 24d agoWe also have regulations that would prevent a lot of those ideas becoming reality, which is, in retrospect, a good idea.