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Fortunately EU is finally putting money on the table : "EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology " https://news.ycombinator
by arnaudsm 6y ago
Fortunately EU is finally putting money on the table :
"EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology "
https://news.ycombinator.com/item?id=25602950 https://news.ycombinator.com/item?id=25602950
- varispeed 6y agoThis is tax payer money that people had to forcibly part with to use to fund private businesses that will not share their profits with those people. Is that correct? Why people cannot directly buy shares in European semiconductor companies and then profit like other shareholders do, but it has to go through bureaucratic channels (and bureaucrats also take their cut for facilitating this bureaucracy)?
- i_have_an_idea 6y agoBecause the European innovation ecosystem is terribly broken and our politicians think regulation is the solution to all problems.
- rbanffy 6y ago> Why people cannot directly buy shares in European semiconductor companies Because this way the companies can be directed towards a specific desired outcome that benefits society instead of the shareholders.
- arnaudsm 6y agoHistorically, Silicon Valley was created from government contracts and subsidies.