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EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology

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Re: EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology

#31
post #10

It’s almost become normal now that bureaucrats get to decide which social group to spend money on, or which region to renovate buildings in, but the arrogance of thinking you can spend your way to the most cutting edge of current technology is just the next level of bureaucratic arrogance.

That's how we got to the current cutting edge. Research of most important technological inventions of the past century was funded by beaurocrats. Market is only good at figuring out how to make things cheaper and in volume. Both very important things. But true scientific breakthroughs that push the business over next decades happen on taxpayers bill as distributed by beaurocrats.

It sucks a bit that it's this way but if you are profit driven, you can't gamble 140 billion of your own money in hopes of developing new tech.

Re: EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology

#33
post #21
post #14

Earlier quoted context omitted.

Such a tiresome and self-defeating mindset. If the EU does nothing it's useless, if it does something it's just corruption. Of course politics and lobbying will play a role when we're talking about hundreds of billions of euros, but that doesn't mean that it can't end up being a net positive for the union. Ask for transparency and keep tabs, don't assume that it's already lost.

This mindset is born out of seeing how the game is played and where the money goes from past initiatives. Why would this one be in any way different? To quote a very rich and slimey asshole I’ve interacted with who’s income is largely from such initiatives. It’s just money for papers.

Ask for transparency and report slimey assholes. If you want the change, be the change.

Re: EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology

#34
post #5

Just a giveaway to the best politically connected companies. Like all such EU initiatives.

To me it looks more like they're trying to get more technological independence. Right now they're at the mercy of the US and China in many areas and as the result are target to political pressure. Reducing one's dependency does not hurt.

Re: EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology

#35
EU has the tech. ASML is #2 company in EURO STOXX 50 index with 5.69% weight.

ASML is the world's largest photolithography systems manufacturer and the only one producing extreme ultraviolet lithography machines. These EUV scanners are expensive as hell. Last years model costs $120 million per piece and you need 10-15 of them for TSMC gigafactory.

TWINSCAN NXE:3400C (7 and 5 nm nodes, >170 wafers per hour) is probably the most expensive machine in the world.

Re: EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology

#36
post #14
post #5

Just a giveaway to the best politically connected companies. Like all such EU initiatives.

Such a tiresome and self-defeating mindset. If the EU does nothing it's useless, if it does something it's just corruption. Of course politics and lobbying will play a role when we're talking about hundreds of billions of euros, but that doesn't mean that it can't end up being a net positive for the union. Ask for transparency and keep tabs, don't assume that it's already lost.

aaand here's a typical representative of said companies "positive for the union", "ask for transparency"...

Re: EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology

#38
post #10

It’s almost become normal now that bureaucrats get to decide which social group to spend money on, or which region to renovate buildings in, but the arrogance of thinking you can spend your way to the most cutting edge of current technology is just the next level of bureaucratic arrogance.

China beurocrats have been quite successful with this strategy.
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