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Mistral is doing one more thing: building up local know-how in the European ecosystem. This is worth more than money, you can't bootstrap an industry overnight.
by buran77 26d ago
Mistral is doing one more thing: building up local know-how in the European ecosystem. This is worth more than money, you can't bootstrap an industry overnight.
- alberto467 25d agoThere are a bunch of Europeans working in the top labs abroad. We do not lack any know how, we only lack the raw amount of capital invested in doing private research, since our companies cannot thrive and compete globally due to regulations. Mistral would be much bigger if it was founded in the US.
- lores 25d agoOr it would be gone. Or it would be in the hands of psychopaths. Europe trades off the extremes for a better middle. It doesn't produce quite as many big names, but US and EU economies are roughly the same size.
- gboss 25d agoEurope does have 150-200 million more people right?
- sznio 25d agojust barely over a 100M more
- gboss 24d agoWikipedia says 745 million… that can’t be right https://en.wikipedia.org/wiki/Europe https://en.wikipedia.org/wiki/Europe So even worse
- inemesitaffia 22d agoDoes that include Russia, the Asian country with a European Capital?
- fulafel 22d agoPopulation-weighted, the country is more European (80% of pop on Europe side). That 80% counts towards population of Europe.
- p91paul 21d agoEU != Europe... According to wikipedia, EU has a 23 trillion GDP (30 trillion PPP) and 451 million people, making ~51k GDP per person (67k PPP). US is at 32 trillion GDP and same PPP for 342 million people - 94k per person
- illiac786 25d agoAh, interesting I always thought USA’s GDP far ahead, but it’s not. Compared to EU it’s 20 vs. 30 trillions/y. Adding Switzerland, UK, etc. and it’s close.
- lores 25d agoPPP the EU is also about 30 trillions, which is probably the better measure since we're comparing production for domestic purposes.