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Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

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Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

#281

Xenophobia and nationalism sure don't help. We used to import the smartest most capable people from all across the world to develop and market their inventions and ideas and maybe even become rich in the process. Now, not so much.

Eh, I'm actually not sure it's that simple.

Something tells me the modern left (which generally isn't seen as xenophobic or nationalistic) would not take very kindly to the importation of Nazi rocket scientists in [current year].

Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

#282

Earlier quoted context omitted.

I like your points and agree on your conclusion. Further, I would like to add a few ideas: - innovation in Europe can only scale if we achieve a higher degree of unity in Europe, including one common language, one common jurisdiction and law framework. Localization is just too expensive in Europe and hinders scaling. - a certain degree of protectionism is good. I am a big fan of how China made it. They have a really…

What could the one common language be? English would seem to be the logical choice, but there is no way France would agree to that.

The EU doesn’t even agree on which alphabet to use, Latin is the most common one but the Greek and Cyrillic alphabets are also official in the union.

English is my second language, and while I wouldn’t mind changing the official language of my country, I can’t see that ever happening, there’s just so much culture attached to the language, that would be forgotten together with our language.

Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

#283

Earlier quoted context omitted.

Linux was developed by finnish guy and the www protocol was developed by a brit.

30 years ago and 40 years ago, respectively

30 years ago you would have said that Microsoft dominates and www is a niche thing. And Turing was already 50 years ago.

It’s likely that something significant is going on in Europe that we don’t know about yet.

Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

#284
post #211

It is the old military industrial complex thing again, isn't it? Drumming up a scary vision of global war against China using flying AI-killer robots in outer space while your companies are siphoning billions of dollars out of defense budgets and you get your competition (Huawei, TikTok etc.) banned on national security grounds. Innovation comes from a functioning global market place of "ideas". It is a 1+1=3 game, n…

If you deal with unequal trade "partners" like China that grossly disregard any intellectual property, don't care about labor security and environmental standards and as a result have a massive trade surplus not based on innovation but mostly based on cheap labor you have to draw a line at some point. The biggest "ball" that was dropped on innovation in the US was to allow companies to outsource their manufacturing t…

China has rapidly become a global leader in automation. From 2018 to 2020, a sales increase between 15 and 20 percent on average per year is possible for industrial robots. Annual sales volume has currently reached the highest level ever recorded for a single country: Within a year, sales in China surged by 27 percent to 87,000 units (2016).

https://ifr.org/news/robots-china-breaks-historic-records-in...

Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

#285
post #195

Tangential, since this article is about the US and China. But if the US has dropped the ball, then Europe (or the EU specifically) didn't even bother to go to the game. The only thing we're innovative at is coming up with regulations. And I say this as someone who thinks the US tech sector should be under much heavier regulatory scrutiny.

There was still not that long ago an incredible amount of innovative companies and products in Europe. But at that time companies were still built for their home markets first and on that regard the USA is big and unified. Since software is mostly winner takes all it means that when the USA companies came to Europe they had already won the USA and could steamroll the local competition There is for example no way a sw…

Banning monopolies (not just foreign ones) may also have worked, and is probably the smartest plan for the planet as a whole.

I'd say the main US advantage is that it's set up to create stagnant monopolies that can then leverage that power into other areas.

Microsoft is now one of the players in gaming consoles, but they basically bought their way in on the back of monopoly rents from Office and OS.

Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

#286
post #195

Tangential, since this article is about the US and China. But if the US has dropped the ball, then Europe (or the EU specifically) didn't even bother to go to the game. The only thing we're innovative at is coming up with regulations. And I say this as someone who thinks the US tech sector should be under much heavier regulatory scrutiny.

There was still not that long ago an incredible amount of innovative companies and products in Europe. But at that time companies were still built for their home markets first and on that regard the USA is big and unified. Since software is mostly winner takes all it means that when the USA companies came to Europe they had already won the USA and could steamroll the local competition There is for example no way a sw…

Europe has the single market, and lots of English speakers. But it also has very conservative capital and tax and employment systems that make entrepreneurship difficult. Some of that is easy to fix, some hard to fix.

Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

#287
post #195

Tangential, since this article is about the US and China. But if the US has dropped the ball, then Europe (or the EU specifically) didn't even bother to go to the game. The only thing we're innovative at is coming up with regulations. And I say this as someone who thinks the US tech sector should be under much heavier regulatory scrutiny.

I’d say the EU and euro zone is one of the biggest and boldest innovations in the postwar Western world.

Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

#288

Earlier quoted context omitted.

Since you mention regulation, I think it is something to be proud of. GDPR, Germany saying hell-no to forced Facebook accounts, etc. As for innovation? US isn't even top 10 when it comes to Nobel prize per capita ( https://en.m.wikipedia.org/wiki/List_of_countries_by_Nobel_l... ). IKEA, SAP, Beretta, Airbus, Spotify, Linux, Prometheus, Grafana, Booking.com just from the top of my head of things that are proof of Euro…

GDPR is the perfect example for OPs point. The whole thing is just stupid, protects nobody and thought millions of people to just click on Okay on any modal they are presented with.

Far from perfect, but if your solution is for companies to self-regulate, I vastly prefer GDPR.

Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

#289

Earlier quoted context omitted.

> “Kids these days” have their eyes wide open. Just a few decades ago you used to have access to an affordable college education with good jobs on graduation. With a modest level of saving you’d have enough for the deposit on a house within a few years. Except if those kids would get degrees in the right areas (like the thread is complaining they aren't), they would absolutely be able to get excellent jobs upon gradu…

Further, GP notes > "they must take on a punishingly expensive college education or they’ll never amount to anything." Except that high school graduates have the option to do 2 years of community college (~5k) and 2 years at a state school (~13k). Generally possible to most while living at home for no additional rent. CS jobs are in high supply and 100k+ out of college. The college cost would be paid off in a year. T…

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Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

#290
post #282

Earlier quoted context omitted.

What could the one common language be? English would seem to be the logical choice, but there is no way France would agree to that.

The EU doesn’t even agree on which alphabet to use, Latin is the most common one but the Greek and Cyrillic alphabets are also official in the union. English is my second language, and while I wouldn’t mind changing the official language of my country, I can’t see that ever happening, there’s just so much culture attached to the language, that would be forgotten together with our language.

Yep. A common European first language would start a process which would result in a terrible loss of local cultural tradition. Cultural suicude for the common good has been suggested before, but I can't imagine that there would be a lot of people who'd agree with it.
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