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EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology
421–430 of 496 posts
Re: EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology
#422EU 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 probabl…
Does ASML belong to "the EU", though, or is it a private company?
Re: EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology
#423Earlier quoted context omitted.
> Egor Gaidar [1] is an excellent source This is published in English as [1] Yegor Gaidar, "Collapse of an Empire: Lessons for Modern Russia". TLDR is maybe this [2] write-up of a talk, 8 pages, very interesting. [1] https://www.amazon.com/Collapse-Empire-Lessons-Modern-Russia... [1] https://www.aei.org/wp-content/uploads/2011/10/20070419_Gaid...
Keep in mind that Gaidar is one of the most controversial figures in Russian history.
Would be interested in links discussing this, if you know good ones (in English!). Who's the anti-Gaidar one should read to see his opponents point of view?
Re: EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology
#424I might have looked positively at this if the bureaucrats would have actual skin in the game and would be judged by the outcome in 5-10 years. But in the likely case that this will fail and most of the money will be drained through lobbyism etc., nobody will talk about it and they will come up with the next thing they can throw money at to come across as being super innovative. Disclaimer: I used to work at a company…
Maybe you could use your experience to propose a system (whether funding vehicle restrictions or proper incentives) for that not to happen in this case? I think we’d all be excited by that. How can we avoid spending money on lobbyists? Maybe the structure should be more VC-like?
"More VC like" has been proposed by Mariana Mazzucato. If the state invests in a startup/spinoff, the state should get equity in return rather than just some lofty words about future jobs or such.
Not for the purpose of creating long time state owned companies, but for cashing out when/if the investment is successful, just like VC's. This would both provide the state with money, removing the need to raise that same money via taxes, and hopefully also better align the incentives of the funding organisation by providing measurable goals.
Re: EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology
#425Earlier quoted context omitted.
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…
Not sure if that also exists in the Netherlands, but maybe a worker cooperative as company form could be a solution for the equity problem?
Re: EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology
#426Earlier quoted context omitted.
That's an understandable reaction if you just look at the raw USD value, but that's very far from the full picture. They are not pitiful when you start adding the costs for housing, healthcare, transportation and the rest of the things that you need to live. Compared to the huge wage increase, the increase in living standard is very minor (and in some regards worse, e.g. the amount of time you lose daily to the car c…
>That's an understandable reaction if you just look at the raw USD value, but that's very far from the full picture. They are not pitiful when you start adding the costs for housing, healthcare, transportation and the rest of the things that you need to live. At $45,284 the US has the highest household net disposable income per capita in the OECD ( http://www.oecdbetterlifeindex.org/countries/united-states/ ), where…
> At $45,284 the US has the highest household net disposable income per capita in the OECD (http://www.oecdbetterlifeindex.org/countries/united-states/), where "disposable income" (http://stats.oecd.org/glossary/detail.asp?ID=46) accounts for healthcare and government benefits.
There's a catch, though: You have to live in the borderline failed state that is the USA. That's quite the drawback and just not worth it no matter the salary increase, imo.
Re: EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology
#427Earlier quoted context omitted.
Yep, this cannot be repeated enough. Government funding is how a lot of innovations happen, but it's not as visible as a private company bringing that innovation to market. To put in optimization terms, private companies are good at following the gradient. Government funding is necessary to escape the well and find new minimas.
Government funding is extremely wasteful and will generally go into the pockets of the well connected. The problem is this game has been played for a long time and it has diminishing returns. The players have had decades to get the exploitation down. Yes sillicon valley exists because of government money. But that was like 70 years ago. The world has changed and corruption is more severe. You will get no such bang fo…
> The world has changed and corruption is more severe
Are you sure? This rather smacks of the "good old days" fallacy.
Re: EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology
#428Earlier quoted context omitted.
The USA is also one country, one culture, one language, 300 million people as an initial market and a continent. Each of these lower the barrier to entry. The last point point about being a continent is that I can ship across the USA for far less than I can ship from one side of the EU to the other. The USA has economies of scale that Europe still does not have.
>The last point point about being a continent is that I can ship across the USA for far less than I can ship from one side of the EU to the other. I sell on eBay and Amazon. We Americans have no idea how good we have it in terms of shipping options. I can ship via USPS a videogame that is, including the padded envelope, 4 oz or less in weight for ~$3 to anywhere in the US (even AK, HI, and PR and other territories).…
Regarding the expensive shipping in the EU point.
That really depends on the country one is shipping from.
Shipping from Germany is extremely cheap - even internationally (even cheaper than the rates you mentioned). But shipping the same thing the opposite direction can easily cost many multiples more.
Re: EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology
#4292nm... then what - 1nm? 500pm after that?
Re: EU Signs €145B Declaration to Develop Next Gen Processors and 2nm Technology
#430Government beeing government this will have to opposite effect.