5 ms·

What did I just wrote about leadership and it's importance?

lumost 6y ago
The parent is alluding to the notion that govt investment made for sluggish state owned industries which aim to be second and suck the life out of any domestic competition. There are a variety of ways to cultivate a domestic industry, govt committees directly investing doesn’t seem like the leading candidate can. Trade barriers and state sponsored industrial partnerships.
GregarianChild 6y ago
One might wonder if the EU has leadership capacity to be able to maintain domestic strategically important industries. Generalising from 40 years of EU history, I have little confidence. The top US and East Asian processor and semiconductor companies all are extremely successful in the marketplace, in addition to consuming government subsidies. Fostering a competitive market has not been the EU's forte. Indeed the EU narrates this funding as a need to address a "market failure" [1]. I feel that this is one-dimensional, bur entirely predictable from the structure of EU decision making. Just today, at midnight, the EU lost ARM and DeepMind as domestic industries. [1] https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52014XC0620(01) https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52...
- justicezyx 6y ago
  I know nVidia bought Arm, but what is about DeepMind being lost as domestic industry? It raises to prominence after becoming a Google wholly owned subdiary. I have repeated multiple times in other comments that DeepMind's success is at least built on top of Google's tech and capital. Interesringly, Google's tech infrastructure were blueprinted by a lot of pioneers and two of the most well known are Urs Hozle and Luiz André Barroso both are of Eu descentdent. There is no evidence that whatever DeepMind did can be done with another EU partner. Or even anyone who is not Google, largely thanks to Larry and Sergey's personal tastes and experience. I doubt Msft or Amazon have the right culture for DeepMind. The whole alphabet thing was engineered to allow independency. So that, among other things, a more pure research org can work without the ever encroaching of the profit driven hands inside Google. Mind you, DeepMind absolutely put itself above Google, or at least firmly distance itself from Google, GCP once proposed to use DeepMind brand in marketing materials, and was sharply rejected citing "conflicting brand images".
  - wwtrv 6y ago
    I assume, they meant the UK finally fully leaving the EU this year rather than the sale to Nvidia
    - usr1106 6y ago
      Right. So if the Nvidia deal succeeds ARM will be US American. I have no idea whether any of the relevant antitrust official could still stop it.
AdrianB1 6y ago
Leadership or "leadership"? EU is full of "leaders", those that self-titled as such. It lacks motivation, there is no SV in Europe because one cannot pay competitively with SV for top talent when you tax to death. It is a lot easier to become a billionaire from real stuff (not manipulating stock markets or other financial trickeries) in US than in EU, so the smart and motivated in EU move to US; what is left is ... what is left: either less motivated or less smart or less both.

The parent is alluding to the notion that govt investment made for sluggish state owned industries which aim to be second and suck the life out of any domestic competition. There are a variety of ways to cultivate a domestic industry, govt committees directly investing doesn’t seem like the leading candidate can. Trade barriers and state sponsored industrial partnerships.

GregarianChild 6y ago

One might wonder if the EU has leadership capacity to be able to maintain domestic strategically important industries. Generalising from 40 years of EU history, I have little confidence. The top US and East Asian processor and semiconductor companies all are extremely successful in the marketplace, in addition to consuming government subsidies. Fostering a competitive market has not been the EU's forte. Indeed the EU narrates this funding as a need to address a "market failure" [1]. I feel that this is one-dimensional, bur entirely predictable from the structure of EU decision making. Just today, at midnight, the EU lost ARM and DeepMind as domestic industries. [1] https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52014XC0620(01) https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52...

justicezyx 6y ago
I know nVidia bought Arm, but what is about DeepMind being lost as domestic industry? It raises to prominence after becoming a Google wholly owned subdiary. I have repeated multiple times in other comments that DeepMind's success is at least built on top of Google's tech and capital. Interesringly, Google's tech infrastructure were blueprinted by a lot of pioneers and two of the most well known are Urs Hozle and Luiz André Barroso both are of Eu descentdent. There is no evidence that whatever DeepMind did can be done with another EU partner. Or even anyone who is not Google, largely thanks to Larry and Sergey's personal tastes and experience. I doubt Msft or Amazon have the right culture for DeepMind. The whole alphabet thing was engineered to allow independency. So that, among other things, a more pure research org can work without the ever encroaching of the profit driven hands inside Google. Mind you, DeepMind absolutely put itself above Google, or at least firmly distance itself from Google, GCP once proposed to use DeepMind brand in marketing materials, and was sharply rejected citing "conflicting brand images".
- wwtrv 6y ago
  I assume, they meant the UK finally fully leaving the EU this year rather than the sale to Nvidia
  - usr1106 6y ago
    Right. So if the Nvidia deal succeeds ARM will be US American. I have no idea whether any of the relevant antitrust official could still stop it.

AdrianB1 6y ago

Leadership or "leadership"? EU is full of "leaders", those that self-titled as such. It lacks motivation, there is no SV in Europe because one cannot pay competitively with SV for top talent when you tax to death. It is a lot easier to become a billionaire from real stuff (not manipulating stock markets or other financial trickeries) in US than in EU, so the smart and motivated in EU move to US; what is left is ... what is left: either less motivated or less smart or less both.