That sounds less like innovation and more like regulation to hinder foreign companies. The US should retaliate economically if that becomes the case.
Germany, France launch Gaia-X platform in bid for ‘tech sovereignty’
21–30 of 507 posts
Re: Germany, France launch Gaia-X platform in bid for ‘tech sovereignty’
#22I wonder how much they will be paying their software developers. Right now, a senior developer that really understands cloud and distributed computing can make more than $500,000/yr at Amazon, Azure, or Microsoft. If they want to attract the talent to build this, they are going to have to pay a lot more than they are used to paying for software engineers.
France Payroll tax: 20% for salaries over €151,965.
USA Income tax: 42%, including State (CA) and Federal, excluding deductions
France Income Tax: 50%.
So the labour cost will be a lot higher due to payroll taxes, and the employee will take home less due to income taxes. High VAT (20% in France, 8.5% in SF) means consumer purchases are also more expensive. If you are in Paris, you're at a latitude 48.8N, SF 37.7N.
The same is true for moving to other Anglo countries: UK, Canada, Australia have similar lower-tax regimes.
France, Germany etc. are charging huge payroll, income and sales taxes to fund their huge welfare states and bureaucracies, but in the process ruining their competitiveness.
Re: Germany, France launch Gaia-X platform in bid for ‘tech sovereignty’
#23It's no surprise the French government is involved in this. They love these moonshot projects that aim to create the French X for any X that is a successful service by an American company. Qwant[1], launched as "The French Google" with a focus on privacy, serves 10 million searches a day (a ridiculously small number). No one has heard of it, no one uses it, and it's another project with a dream of restoring France to…
Re: Germany, France launch Gaia-X platform in bid for ‘tech sovereignty’
#24Re: Germany, France launch Gaia-X platform in bid for ‘tech sovereignty’
#25It's no surprise the French government is involved in this. They love these moonshot projects that aim to create the French X for any X that is a successful service by an American company. Qwant[1], launched as "The French Google" with a focus on privacy, serves 10 million searches a day (a ridiculously small number). No one has heard of it, no one uses it, and it's another project with a dream of restoring France to…
Re: Germany, France launch Gaia-X platform in bid for ‘tech sovereignty’
#26I wonder how much they will be paying their software developers. Right now, a senior developer that really understands cloud and distributed computing can make more than $500,000/yr at Amazon, Azure, or Microsoft. If they want to attract the talent to build this, they are going to have to pay a lot more than they are used to paying for software engineers.
USA Payroll tax: 15.3% combined, first $127,000 only (3.89% effective) France Payroll tax: 20% for salaries over €151,965. USA Income tax: 42%, including State (CA) and Federal, excluding deductions France Income Tax: 50%. So the labour cost will be a lot higher due to payroll taxes, and the employee will take home less due to income taxes. High VAT (20% in France, 8.5% in SF) means consumer purchases are also more e…
My opinion on paying taxes changed drastically after I visited the USA 2 years ago (San Fran, LA, Vegas). I was absolutely shocked by the amount of poverty I saw and I had never realised that America had such a drastically different culture to Australia.
Re: Germany, France launch Gaia-X platform in bid for ‘tech sovereignty’
#27It's no surprise the French government is involved in this. They love these moonshot projects that aim to create the French X for any X that is a successful service by an American company. Qwant[1], launched as "The French Google" with a focus on privacy, serves 10 million searches a day (a ridiculously small number). No one has heard of it, no one uses it, and it's another project with a dream of restoring France to…
Having interacted with some of the folks at conferences I'm pretty sure there's a core of people in there somewhat committed to open source which was nice to see. But in terms of innovation none of the projects branded as "German X as a service" over the last decades stood out as particularly innovative or remotely well managed.
[1] https://cloud.telekom.de/resource/blob/data/90924/6196063473...
Re: Germany, France launch Gaia-X platform in bid for ‘tech sovereignty’
#28> That is already far too late, according to analysts at Gartner, who forecast that the global market for public cloud services will grow by 17% to $228 billion this year. “The leading cloud providers have already moved quickly to build up this market,” said Gartner analyst Rene Buest. Person not poised to make exorbitant money off venture thinks venture a waste of time. Alternatively, person who might lose money if…
Re: Germany, France launch Gaia-X platform in bid for ‘tech sovereignty’
#29I wonder how much they will be paying their software developers. Right now, a senior developer that really understands cloud and distributed computing can make more than $500,000/yr at Amazon, Azure, or Microsoft. If they want to attract the talent to build this, they are going to have to pay a lot more than they are used to paying for software engineers.
Re: Germany, France launch Gaia-X platform in bid for ‘tech sovereignty’
#30This is not about size, it's about 'getting it right' - and then having the system follow along one way or another.