Earlier quoted context omitted.
> If they do relax regulation (especially on energy generation) sufficiently to unleash the continent's big brained boffins and entrepreneurs on AI Capital. Capital, capital, capital. The EU is still not a single unified economy and capital markets remains semi-sovereign. Every Euro that goes out of (eg.) a Dutch taxpayer's pocket into an (eg.) German domiciled competitor gets pushed back against by national competit…
I really hope that will push for completion of the single market. I wouldn’t bet on it, but that’s something we should have done a decade ago
It's still viewed as a prestige post, and European industries and states will continue to work with partners outside of Europe if it means surviving.
Additonally, capital consolidation within the EU also means subnational capital flight which means layoffs. For example, look at how East Germany shifted hard to AfD after Germany Inc left for Poland. Therefore, when push comes to shove, it becomes politically untenable.