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

Post by stelonix » Fri, Jan 01, 2021, 9:46 PM UTC

f6v wrote: post #305

samat wrote: post #296

Earlier quoted context omitted.

There is a popular myth that 'there was a mighty USSR and some enemies ruined it'. The Soviet Union collapsed because of massively broken economy. That's just basic science. They exported oil and imported grain. Russia imported GRAIN for gods sake. Then oil prices collapsed. Next? They did nothing and just ate through the resources until they were no more. And then 'evil liberals/evil west destroying the great countr…

The truth is in between. Was USSR full of internal problems? Yes. Did USA and allies want USSR destroyed and actively work on? Also yes. Saying that Cold War and the arms race had absolutely no role in USSR collapse is either a blatant lie or incompetence.

Post by csunbird » Fri, Jan 01, 2021, 9:53 PM UTC

rapsey wrote: post #226

Lionga wrote: post #171

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Yet after spending 133 billion € the vast majority of Romanian, Bulgarian and many more countries villages do not have sewage pipes for example

I don’t know how much the EU spent, but over here EU money payed for a frankly crazy amount of fiber optic cable. Completely common for a house far from any urban centre to have fiber internet.

Post by Daho0n » Fri, Jan 01, 2021, 9:57 PM UTC

andi999 wrote: post #167

AlexanderDhoore wrote: post #13

ITT bashing on EU without understanding it I believe the 17 signing nations are allowed to inject money into their own economy. Even if the goals are a bit unrealistic. EDIT The 2-3 years is when the funds are allocated. Not when the results are expected.

Still, I think the 2-3 years is too short. I believe if you put in a lot of money into something it needs a bit of time, otherwise every participant will just do whatever they normally do, just more of it.

Post by usr1106 » Fri, Jan 01, 2021, 10:02 PM UTC

dmix wrote: post #259

11thEarlOfMar wrote: post #199

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If the EU treats this as a strategic capability and not commercial, the spending is much less of a consideration. The advantage that the EU has is in fact ASML. No company can make the 5nm litho systems today, and catching up with the decades of R&D they've invested is not feasible. They are the greatest achievement of science and technology on the planet. [0] The strategy that can work is for the EU to partner with…

Man, I wish I too shared such optimism in EU or other massive multi government bureaucratic organizations to pull something off like this in 2021. But sorry I simply don’t. From my experience with gov trying to do tech investment it’s going to go into the pockets of late career overpaid ‘executives’ with ‘industry experience’ and tons of (also overpaid and underqualified) contractors doing the same thing. Not the bri…

Post by Daho0n » Fri, Jan 01, 2021, 10:05 PM UTC

FooBarWidget wrote: post #209

thu2111 wrote: post #181

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That's a deep question that is asked nowhere near enough. And when it is asked, my experience has been it's mostly been Americans doing the asking. Here's a story. I was once visiting Silicon Valley for work and getting dinner with a friend who lives there. I'm a Brit who lives in central Europe. On the way over I'd bought a copy of Der Spiegel, which likes to write tabloid-esque articles about the Power Of Tech Firm…

I run a tech company in the Netherlands. I can corroborate most of this. Giving employees equity in the Netherlands is nearly impossible without getting taxed to death. The position of the tax authority is that the sole reason you get equity, is because of your relationship as employee, and therefore the "gift of equity" is actually a form of salary, and therefore salary tax must be paid based on the value of the equ…