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Europe needs its own tech megacorps. Their own OS, office suite, cloud provider, source control, social media, mobile devices, etc. The creates the abundance o
by 29athrowaway 2y ago
Europe needs its own tech megacorps. Their own OS, office suite, cloud provider, source control, social media, mobile devices, etc.
The creates the abundance of data required to win at AI.
Because Europe doesn't own its own data, they lack the data necessary to win in AI against others that do.
Creating a EU startup ecosystem without the megacorps is just feeding the American megacorps more because those startups will get acquired by the highest bidder.
- seydor 2y agoThat would limit the scope and size of EU megacorps. How is it that amazon can dominate europe, but hetzner has not been able to ? Europe invented free markets and needs them. In fact it may be the competitive advantage of europe to reverse this stupid antiglobalization global campaign
- rdm_blackhole 2y agoIf you want people to start using EU cop instead of US corps, then the service provided needs to be matching what's offered by Amazon. Google and so on. The problem is that the EU does not put enough money for these systems to be started in the first place. Look at this snippet: The European Commission approved on Tuesday up to 1.2 billion euros ($1.30 billion) of state aid for a European cloud computing project to try to boost the involvement of EU business in a field dominated by U.S. companies. 1.2 B is nothing compared to what the US giants are investing each year in their services. How can EU corps expect to compete like this? it's like high-shool team competing against Olympians.
- andersa 2y agoLol, $1 billion. That's less than Meta spent on GPUs for fun for Zuck's pet project. Needs to be 100 times higher to be useful.
- wrboyce 2y ago> Europe needs … their own OS Linux?