Earlier quoted context omitted.
> This includes extreme trade barriers (with exceptions for China, because of course) We have high tariffs with China as well though. I wish we didn't, then I might actually be able to afford an electric car.
It is a bit hypocritical of the EU to push tariffs against the EU citizens, forcing higher prices. Tariffs can sometimes make sense, such as for an emerging industry, but counter-tariffs are often the outcome and we here are punished by higher prices. If the EU wants to be relevant, they also need to produce at a lower price; China is conquering markets because it simply is more competitive now.
Buy European: EU Commissions New Apply AI Strategy Launched
31–40 of 68 posts
Re: Buy European: EU Commissions New Apply AI Strategy Launched
#32Earlier quoted context omitted.
> This includes extreme trade barriers (with exceptions for China, because of course) We have high tariffs with China as well though. I wish we didn't, then I might actually be able to afford an electric car.
On paper the EU may have strong trade barriers with China, but in practice this just does not bear out. Europe has stronger trade barriers within itself than with China. The EU demands that goods made in Poland conforms to some standards, but also that the manufacturers in Poland conform to some standards. For goods from China they in theory demand the same standards, but in practice these standards are not strictly…
But you can't buy an electric car on Temu.
Re: Buy European: EU Commissions New Apply AI Strategy Launched
#33Earlier quoted context omitted.
“Bureaucracy is the art of making the possible impossible.”
Exactly this happened to European hardware startups. So many certifications and directives, weee, rohs, reach, red, supply chain, sustainability, etc. Logical step as an investor is to avoid ventures, that are burning tons of money just to comply with regulations. The company I work for right now has healthy cashflow and people for regulatory topics, but it would be impossible to re-create this electronics business t…
The problem is that you cannot pivot easily, you cannot change a lot of things in it - and even things like your potential hire bailing last minute can be devastating, paperwork wise.
Re: Buy European: EU Commissions New Apply AI Strategy Launched
#34Re: Buy European: EU Commissions New Apply AI Strategy Launched
#35Regardless of how you view the current political climate in USA, it's simply become a major risk-management factor for almost any European organisation. We're heavily invested into Azure, but we've had to work out plans on how we could potentially exit within 30 days because we're part of the European energy sector. (We're really part of the global energy sector, but we're based in the EU.) We still view US tech comp…
How do people who don't have a smartphone (they still exist!) manage without digital ID? Is there no analog fallback?
Re: Buy European: EU Commissions New Apply AI Strategy Launched
#36Everything in EU is overpriced and worse than things coming from outside the EU, and that is by design. EU basically has no choice but to become more dystopian and adopt policies similar to the USSR to keep itself viable. This includes extreme trade barriers (with exceptions for China, because of course) and extreme restrictions on speech. Europe is like some rich kid who thinks he somehow has merit of his own, inste…
> This includes extreme trade barriers (with exceptions for China, because of course) We have high tariffs with China as well though. I wish we didn't, then I might actually be able to afford an electric car.
Even more so when you take build quality and support quality in the equation.
Re: Buy European: EU Commissions New Apply AI Strategy Launched
#37Everything in EU is overpriced and worse than things coming from outside the EU, and that is by design. EU basically has no choice but to become more dystopian and adopt policies similar to the USSR to keep itself viable. This includes extreme trade barriers (with exceptions for China, because of course) and extreme restrictions on speech. Europe is like some rich kid who thinks he somehow has merit of his own, inste…
> Everything in EU is overpriced and worse than things coming from outside the EU, and that is by design If nothing else, Airbus says hello and laughs in your face. Throw in Spotify and IKEA, the majority of the world's luxury sector, a decent portion of the world's biggest car manufacturers, ASML, and you're just being silly.
Re: Buy European: EU Commissions New Apply AI Strategy Launched
#38Earlier quoted context omitted.
How do people who don't have a smartphone (they still exist!) manage without digital ID? Is there no analog fallback?
In Sweden you can technically get by with only a psychical ID. But even now when the number of people that only have a physical ID is low getting things done can be hard. Suddenly switching to physical ID only on asocialt wide basis would be comparable to going from almost exclusively shopping online to in-store cash only.
Re: Buy European: EU Commissions New Apply AI Strategy Launched
#39Earlier quoted context omitted.
In Sweden you can technically get by with only a psychical ID. But even now when the number of people that only have a physical ID is low getting things done can be hard. Suddenly switching to physical ID only on asocialt wide basis would be comparable to going from almost exclusively shopping online to in-store cash only.
You don't have kodebrikke in Sweden? Just app?
Re: Buy European: EU Commissions New Apply AI Strategy Launched
#40My problem with the EU overall, aside from being inefficient, is that they don't really push towards intrinsic perfection. They kind of look what others do, try to simulate and copy it, usually fail - and then the same pattern is repeated. Just take the issue of a european chip industry. Or literally anything China is doing now. The EU just isn't really a driver - it is a maintainer at best. And that also means it wi…
Ironic comment in light of Netherlands-based ASML being the only company in the world that can supply the lithography machines that TSMC uses to make chips for NVidia and others. Isn't that an example of driving towards intrinsic perfection?