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EU countries team up for semiconductor push

reuters.com

51–60 of 665 posts

Re: EU countries team up for semiconductor push

#51
post #10

What will actually happen: some countries will spend a trivial amount of money in a PR stunt with not coordination between the countries and result in no advance for the EU countries participating. Source: All other industries in Europe.

Indeed. Is there anything impactful that is somehow European (not from a single European country, but as a collaboration between) with the exception of airbus and CERN? It’s not that there aren’t skills and talents in space, cars, pharma, construction, energy, etc. Edit: clarification.

What collaborations has the EU ever created for us? Apart from Airbus, CERN, ITER, ESA, a single market and a stack of successful multinational companies?

Re: EU countries team up for semiconductor push

#52
post #10

What will actually happen: some countries will spend a trivial amount of money in a PR stunt with not coordination between the countries and result in no advance for the EU countries participating. Source: All other industries in Europe.

Indeed. Is there anything impactful that is somehow European (not from a single European country, but as a collaboration between) with the exception of airbus and CERN? It’s not that there aren’t skills and talents in space, cars, pharma, construction, energy, etc. Edit: clarification.

Erm, the entire university system in Europe is built on collaboration between countries.

ESA is a thing. ITER is a thing. But mainly all those small international projects that simply would be too niche or small for a single country or market. Im talking about stuff like wave power startup, on land fishfarms, salvage operations in the baltic, cofinancing of highways (or powerlines so that green energy may find its way across the union), et cetera..

Re: EU countries team up for semiconductor push

#53
post #20

Earlier quoted context omitted.

One minute past the comment and it already fetched 2 downvotes. Apparently being concerned about dirigism is detrimental to the community. Pretty sure they work for the government / do badly in the free market.

Are you aware how Silicon Valley came into being? The Internet? The moon landing?

Stick to government jobs, you will do well.

Re: EU countries team up for semiconductor push

#54
post #10

What will actually happen: some countries will spend a trivial amount of money in a PR stunt with not coordination between the countries and result in no advance for the EU countries participating. Source: All other industries in Europe.

Energy, Steel, Semi(ARM), Pharma, Luxury, Distribution, Telecom Giants in Europe, there are a lot more Only Americans think the opposite, i wonder why.. And speaking of market, Europe is a big player, https://www.vgchartz.com/ console sales speak for itself Stop being brainwashed

There are many EU-based multi-nationals, nobody is arguing that. OP is talking about the efficacy of EU-initiatives to create specific industries within the EU - the track record of those isn't so great and are usually PR stunts.

Re: EU countries team up for semiconductor push

#55
post #12

How will they be keeping talent? I heard workers in IT are paid low compared to other jobs and especially compared to similar jobs in North America, what stops them. from just going to US/Canada?

Well for one, I and everyone I know happen to live here. I guess if someone can suffer the US' shitty conditions, I guess there's nothing stopping them from going there... except for the US's stringent immigration policies. Can't just hop over the pond to go work there, and I'm fairly sure it's easier for a US citizen to work here than the other way around. Of course, that too is deincentivized thanks to US tax laws…

"if someone can suffer the US' shitty conditions, "

So crap, that people around the world are fighting to get in, what for those jobs that pay 2-3x, and real exciting projects to work on, and for the most part people that actually don't care about your funny accent.

It's unwise to discount one of the US's fundamental, perennial and systematic advantages as somehow a drawback.

Like it or not - the US has been sucking in global talent since it's inception.

Re: EU countries team up for semiconductor push

#56
post #12

How will they be keeping talent? I heard workers in IT are paid low compared to other jobs and especially compared to similar jobs in North America, what stops them. from just going to US/Canada?

> what stops them. from just going to US/Canada? reply

Don't be so quick to assume that people want to move to and live in US/Canada.

Re: EU countries team up for semiconductor push

#57
post #12

How will they be keeping talent? I heard workers in IT are paid low compared to other jobs and especially compared to similar jobs in North America, what stops them. from just going to US/Canada?

More demand for qualified labour will tend to increase the salary of people offering these skills. Salaries are not written in stone and evolve depending on market conditions.

Re: EU countries team up for semiconductor push

#58
post #10

What will actually happen: some countries will spend a trivial amount of money in a PR stunt with not coordination between the countries and result in no advance for the EU countries participating. Source: All other industries in Europe.

Finland knows a thing or two, even if not present in the headline.

Re: EU countries team up for semiconductor push

#59
post #17

Earlier quoted context omitted.

> I find it quite off putting, that the general approach of EU institutions is to direct resources and economic activity from the top Isn't that method exactly how the silicon valley, and with it companies like Intel, were created? By the US DoD directing money from the top?

The governments spend 45% of GDP yearly. It's very likely that at some point, every company has served the public sector. Amazon, Google, Microsoft, Netflix, IBM, list goes on, weren't envisaged by a 60 year old bureaucrat sitting in Brussels or Washington. They were created by ambitious young men looking to shape the world in their own way.

>Amazon, Google, Microsoft, Netflix, IBM

IBM and Google both came almost directly from government money. Amazon, Microsoft and Netflix are arguably actual startups.

Re: EU countries team up for semiconductor push

#60
post #12

How will they be keeping talent? I heard workers in IT are paid low compared to other jobs and especially compared to similar jobs in North America, what stops them. from just going to US/Canada?

In most places the cost of living is pretty low compared to the US, so even the admittedly lower engineer salaries in Europe can give you a very comfortable lifestyle.

Eg. in France if you make 60-80k and live anywhere other than Paris you're doing great.

For the top end of talent there's always freelancing, with a different, higher band of earning levels.

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