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I don't see how its in anyone's interest to generate more rent-seeking giants. All these R&D statistics are bullshit as they work on tax data, which in turn cle
by estaseuropano 5y ago
I don't see how its in anyone's interest to generate more rent-seeking giants. All these R&D statistics are bullshit as they work on tax data, which in turn clearly incentivises companies to classify every programmer or engineering salary as research. A healthy world needs more dynamic startups, not more anticompetitive giants that squeeze or buy everyone else. The US or Chinese advantage is not quality engineering or better companies, its just financial engineering and huge state or venture financing specifically intended yo generate winners.
I'm happy that the EU still bets on the small guys.
- nr2x 5y agoWe’re not talking about artisan cheese here, we’re talking network effects. “Small guys” can’t offer the same value without a user base.