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Europe launches program to lure scientists away from the US

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Re: Europe launches program to lure scientists away from the US

#161

Earlier quoted context omitted.

Did he “fuck out to the US” to work in privately owned businesses, or comparable university job? What prevented your friend to “fuck out” to a private business in the EU?

What difference would it make? Salaried position in EU would pay max 2x that and will end up in higher tax bracket, so net income will increase maybe 1.5x. This is leagues behind US. Europe is only for those high-skilled workers who don’t value money too much.

The trouble with comparing income between the US and the EU is that we don't really take into account everything, particularly social or public services. Of which the US has very, very little.

In your typical US setup you're going to be paying a lot more of your salary. Suppose no public transit, there goes ~15% of your salary for an automobile. Maybe an extra 5% to healthcare and health insurance, if you're healthy. If you're chronically ill or spontaneously get cancer go ahead and bump that up to 20%. Retirement, another 5% at least. And there's probably a bunch of other stuff I'm forgetting.

Point is: it's apples and oranges. It's nice if you're someone who is young, healthy, has no problem commuting two hours a day, etc. As soon as this is no longer true, it becomes a little bit tricky.

Re: Europe launches program to lure scientists away from the US

#162

You people are too good at critical thinking to read "an investment of 500 million euros between 2025 and 2027" and not instantly write this off as empty grandstanding. How much does—or did, recently—the United States federal government invest in scientists in the USA? Is it ~$70 billion a year? [0] Europe can achieve America's (past) results when Europe starts talking with money. Science migration has historically g…

It seems that you have stopped reading at that line, because if you have read the whole article the tactic is to pick up scientists whose research just got axed, so you can pick them up at a discount. It's the clever football club tactic of finding players who are unhappy at their current club, but are nonetheless good players.

Re: Europe launches program to lure scientists away from the US

#163
post #133

Earlier quoted context omitted.

How do you think that Norway’s wealth tax could impact its ability to draw talent from any other country? Knowing that, should you develop anything (drug, material, etc) and want to spin it out to a startup, you will be taxed on the unrealized valuation would weigh very heavily on me were I a researcher. Full disclosure, I know that this isn’t everyone’s goal, but this is HN after all!

“I want to contribute to society, but if I earn more than X Millions of dollars 1% of my wealth will be taxed” I guess don’t try to contribute to society then. What you are describing isnt a hacker mentality, it’s one of an MBA graduate whose sole purpose in life is to maximize their own wealth. The idea that such a mentality is linked to this forum shows how far hacker culture has fallen and is deeply sad.

hacker culture =/= martyr culture. I fundamentally disagree with the central premise of your entire perspective.

Society is not entitled to value. If you have the skills to create value for others, then you will inevitably have to use capital to actually scale it. In the process, through voluntary transactions, that enterprise might profit and grow - creating more value for others in the process. The question is really: who profits? I think your perspective is exceedingly misplaced in that, by necessity, it intrinsically hands control of each new innovation to said MBA-types. If a society drafts policies that make it extremely difficult to take control of your own innovation and scale it according to your own wishes, then you are implicitly leaving that work to others who (more often than not) will not share your philosophies. If a society wants to enact policies that make it difficult for a person to take ownership over their own innovations, then they should not be shocked when it becomes extremely difficult to appeal to innovators in the first place. Instead of realizing that the commentor wants to take command of the destiny of their innovations, you go down this peculiar moralizing argument that's orthogonal to their entire point. How do you know they haven't created more value for society than you have, and why are you so comfortable demanding the nature of that value creation happen on your terms?

Also, this forum is managed by a VC firm. They explicitly support people taking charge of their own creations and scaling that to society. People are allowed to ask if a society has created legitimate bottlenecks to accomplishing that.

Re: Europe launches program to lure scientists away from the US

#164
post #152

Earlier quoted context omitted.

The problem is that the wealth tax is based on your assets. 51% ownership of your $10M early stage startup is $5.1M in wealth, not a liquid asset. Nevertheless, you will owe $51k/yr to the Norwegian government. If you raise a second round at $15M, next year you owe $76k, so on. This creates an impossible situation for a founder of, let’s say, a fission reactor startup. I could be wrong also, I was curious to hear a r…

I dont like the wealth tax, but your numbers are not accurate. There is a discount and deductions on the wealth tax, but after the last election the discount has been reduced drastically. It's not normally a very large issue, but I really don't like it. Most companies on the exchange makes money, and those who are not on the exchange are taxed on their assets. So in most cases it works out, but not always. Usually ow…

Gotcha! I did a 2 second google to illustrate what I was trying to ask in my original question about someone trying to recruit researchers. I did a ChatGPT query to see what my hypothetical would be and it quoted ~$44,880 USD, not taking it as gospel though.

I have worked at startups and got some worthless equity. I've also launched some (small) things on my own and am very interested in building large things, raising some money, etc.

Given OOP is actively recruiting I'm really just curious how this could effect your/their/someone in or interested in Norway's thinking when they could go anywhere in the EU or from TFA, remain in the US.

Re: Europe launches program to lure scientists away from the US

#165

Earlier quoted context omitted.

Russia was not a member of CERN, so most Russian physicists worked there on (fake-ish, for documents only) exchange programs with JINR Russia. Most of them were living in France or Switzerland for many years. Given the opportunity, every single one of them would have changed the affiliation, but CERN only agreed to employ them this way (unless they find an actual academic position in an actual European university on…

It is not good, but it is necessary when a government acts the way the Kremlin does. I'm glad to hear there are serious measures in place. Surely you saw the writing on the wall and could have taken citizenship in your host country? All the signs were there since 2014.

Oh I would be the most happy person to do it. The writing was on the wall since 2008, and I am painfully aware of it.

However, my host country is Switzerland, where if you are not already a EU citizen, you have to live 10 years basically working on the same permanent job before even getting a permanent residence, _without interruptions_, and years in the academia up and including to the postdoc level do not count. Both me and my wife are researchers. Our life was all about academia and interruptions and temporary contracts and travel. And they kept resetting the counter. For _twenty years_. Even though my daughter was born here more than ten years ago, goes to local school, speaks French and never has been in Russia. They don't care.

And what I, personally, have to do with what Kremlin is doing? I live in Switzerland since 2005 (and I am as far away from citizenship as when I just came here). I left Russia because I hate authoritarianism and Putin. Last time I even was in Russia (for five days or so) was in 2014, and I noped out of there and vowed never to come there again specifically for that reason, as I have seen the writing on the wall as clearly as anyone else. I always publicly supported Ukraine and donated a lot to her cause, so it is not a good idea to ever go back.

And now you are telling me that what is done to me is "necessary", while true perpetrators keep opening their shadow companies and earning money from gas exports to Europe. How come?

Re: Europe launches program to lure scientists away from the US

#166

Earlier quoted context omitted.

My post was arguing that the "everything else" is more attractive in the US. Consider a post doc or junior professor who do not know if they will ever get a tenure position or if you even want to remain in academia their whole life. Their plan B is to get an job in industry. Now consider having access to the whole US job market vs. having access to one tiny EU country. Not to mention that when you bias for cutting ed…

> Consider a post doc or junior professor who do not know if they will ever get a tenure position or if you even want to remain in academia their whole life Now assume they are not American citizens, and travel internationally and re-evaluate the whole proposition that "everything else" is better.

Y'all downvoting like there isn't a Harvard researcher whose visa was revoked and is in ICE custody this very moment.

Re: Europe launches program to lure scientists away from the US

#167

Earlier quoted context omitted.

Seems like Europe has provided a bigger chunk than the US for Ukraine, unless you think it should be even more than that? https://www.bbc.co.uk/news/articles/crew8y7pwd5o.amp

From the article > the US has sent more grants, while the EU sent more loans. While more money has come from the EU they are more in the form of loans which isn't really providing aid in the traditional sense.

Additional nuance:

> EU loans will have been on generous terms - so Ukraine will be repaying less interest than it would normally. In some cases, Ukraine isn't expected to pay anything, with repayments coming from revenues from frozen Russian assets.

Re: Europe launches program to lure scientists away from the US

#168

Earlier quoted context omitted.

This is tricky. Hamas are definitely bad guys, but it's not right to punish the Palestinians for their actions. The EU broke off formal relations with Hamas in 2007, aid is different though.

1. The Palestinians are not being "punished". That would actually be illegal and is not what Israel is doing. Israel is trying to destroy the party that attacked them, which is a legitimate war aim. 2. Being the civilian population of a dictatorship waging a brutal war of annihilation against its neighbors sucks, but is not the fault of the party being attacked and defending itself from said brutal attack. 3. Particu…

So you're telling me that Israel have not been stopping aid from getting into Gaza for three weeks now?

That is definitely a war crime.

And basically Hamas are fighting a guerrilla war and engaging in acts of terror similar to what the Zionists engaged in pre 48. If that was ok, then surely what Hamas are doing is fine?

I'm really confused about your notion that the Israeli state is being attacked. It's more accurate to say that both sides are being attacked, and only one side is engaging in plans to displace one side.

The last election was in 2007, half the Gaza population wasn't even born then.

By your logic the carbrt bombing of Dresden and nuking Japan were fine, is that a fair summation of your position?

Re: Europe launches program to lure scientists away from the US

#169
post #133
post #12

My department (at a Norwegian university) is working on a headhunting plan. The way the ERC grants are structured, the applicant needs a sponsoring institute. So, we are identifying researchers who are working on relevant topics, if we think it will be a good fit (and/or if we have successfully collaborated with them in the past). Some of the details are still being ironed out. The beauracracy is real! Even so, I gue…

How do you think that Norway’s wealth tax could impact its ability to draw talent from any other country? Knowing that, should you develop anything (drug, material, etc) and want to spin it out to a startup, you will be taxed on the unrealized valuation would weigh very heavily on me were I a researcher. Full disclosure, I know that this isn’t everyone’s goal, but this is HN after all!

Well, with this ERC fund, we are trying to attract high quality research scientists. While there are many of these who also have entrepreneurial ambitions, it is a venn diagram, not a circle.

However, your critique of the wealth tax on unrealized gains is a big problem more generally. I have some interaction with the startup ecosystem these days here. Anecdotally, I have seen several founders choose to incorporate elsewhere in Europe or the US because of it. Unfortunately, it's incredibly hard to quantify how many do not stay here because of it.

This aspect of the tax has had significant opposition for years, but nothing ever seems to come from it.

Opposition to tax on realized gains/assets is less vocal. Someone else here characterized that part as similar to property taxes in the US and I think that is fairly accurate.

Details on what is taxed how much, if you are interesed: https://www.skatteetaten.no/en/person/taxes/get-the-taxes-ri...

ETA: we are looking for evolutionary biologists. Not many entrepreneurial personalities here, more like a lot of bird watchers (I say this lovingly). Over in the groups with translation potential is a different story of course.

Re: Europe launches program to lure scientists away from the US

#170
post #81

Earlier quoted context omitted.

They have access to the whole European union? People value not having to step over the homeless to get to work, lower crime, free healthcare, no risk of deportation for having a view on Palestine etc etc The US isn't that pleasant of a place to live.

> They have access to the whole European union? Only if they are EU citizens. > People value not having to step over the homeless to get to work Better stay away from Paris, then.

And many other cities.

Paris is bad in some places, and great in others. Like every other major country.

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