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

Post by Lionga » Fri, Jan 01, 2021, 4:07 PM UTC

mschuster91 wrote: post #107

baxtr wrote: post #30

Earlier quoted context omitted.

Can you name examples of EU initiatives on that level that delivered the desired results? EDIT: I am asking because I seriously want to know. I haven’t made up my mind yet what to think about the whole thing. I am not familiar with successful EU initiatives. I’m open in believing this can work if there were successful examples in the past.

> I am not familiar with successful EU initiative. The EU Cohesion Fund is one. Since 2007, ~133 billion € got invested in the poorer countries of the EU to improve trans-european traffic infrastructure (TEN, aka road, rail, waterways) and environmental projects (e.g. villages hooked up to proper sewage pipes with treatment plants at the end, instead of dumping sewage to the groundwater / into rivers and seas).

Post by andi999 » Fri, Jan 01, 2021, 4:08 PM UTC

rapsey wrote: post #80

sgift wrote: post #39

Earlier quoted context omitted.

Can you show where Horizon2020 squandered money? Or gave any other reason to bash the EU?

I know of two companies getting money. The first ones entire business model is EU funds. They “make” only the necessary burocratic documentation. They have zero intentions of producing anything. The other is large and dirty af with bribes. If you try to compete with them for EU grants, you are going to get an investigation into your business for misspending EU funds. Because they know the right people.

Post by thu2111 » Fri, Jan 01, 2021, 4:09 PM UTC

ginko wrote: post #89

iagovar wrote: post #84

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Yeah but that's ARM IP though. There's a window of opportunity with RISC V, but something tells me that the fact it's open source rubs against some people.

>Yeah but that's ARM IP though. How does this matter? Do you think ARM won't license their IP to European chip makers?

Post by andi999 » Fri, Jan 01, 2021, 4:10 PM UTC

krona wrote: post #145

scotty79 wrote: post #31

Earlier quoted context omitted.

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…

Then by your own definition, and the statement issued by the EU commission, this is a bad investment. I've worked for the large, sclerotic organisations that once put man on the moon. They will take your 100bn, crush it in to dust, and outsource the production of 1 million pages of documentation in 32 languages detailing the workings of something your never asked for. All in the blink of an eye.

Post by LoSboccacc » Fri, Jan 01, 2021, 4:12 PM UTC

zhdc1 wrote: post #52

LoSboccacc wrote: post #25

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bold to assume any new generation machine will come out of this, meanwhile real business that produced real wealth are closing down.

Why? Europe already produces EUV lithography machines, and while I'm not that familiar with the field, I'm pretty sure ASML and TSMC are already working on 2nm lithography.