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EU to mobilize 200B Euros to invest in AI

euronews.com

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Re: EU to mobilize 200B Euros to invest in AI

#71

Post by sgt101 »

ivewonyoung wrote: post #67
sgt101 wrote: post #42

Earlier quoted context omitted.

More likely "reparations" - €500bn a year or we're coming to Berlin ! Genuinely - this is a one way bet for the Russians, smash up Estonia and extort the Germans, spend the money on more guns and then kill all the Poles. Coming to a continent near you soon!

UK and France(along with the US) have nukes, so it's a much different scenario than WW2.

But will the UK and France bail out Germany?

Yes: if Germany acts as a serious and honest partner in defence.

No: if Germany refuses to be a responsible security player and swings back to Russia as soon as it can. If Germany reopens the gas pipelines and throws the balts to the wolves I think that they may find that when they need help, there will be no help.

Also the UK and France have very limited nuclear capability. Yes, it's really helpful in the context of the Nato alliance. The uncertainty that the european weapons adds into any calculus of escalation really enhances the overall deterrent. Once the USA is out of the picture there is no escalation ladder, it's national extinction (and)or bust. Very unstable, untenable. I see no evidence at all of this position being altered or updated. If Germany could depend on France or the UK in a nuclear blackmail scenario then I would expect (at the least) a crash tactical nuclear weapon program to be up and running in either one or both. I also think that a four vessel continuous deterrence capability is inadequate, so I would expect much more co-ordination between France and the UK on the at sea element and/or a shift to five+ vessels.

I see none of this - the opposite in fact.

Re: EU to mobilize 200B Euros to invest in AI

#72

Post by dauertewigkeit »

The thinking in Europe when it comes to AI, is "AI for industry", or "AI for science". Like they think of AI as providing a supporting role in industry or science, but they do not think of AI as a goal in itself. This thinking is analogous to the way EU leadership treated "tech" for the past three decades and look how well that turned out for us...

If we had good leadership, these funds would be used to setup 2 or 3 competing AI labs. Forget all that "AI for industry" and "AI for science" nonsense and just catch up to the US and China, and have something competitive, for once.

Re: EU to mobilize 200B Euros to invest in AI

#74

Post by rdm_blackhole »

cbg0 wrote: post #50
bloomingkales wrote: post #10

EU can always get a discount on that once they ratchet up regulations. I don’t understand Europe, why don’t they just focus on hyper growth with limited oversight like America?

> I don’t understand Europe, why don’t they just focus on hyper growth with limited oversight like America? Well, you've kind of answered it yourself, because the EU is not America. It's an economic and political union formed of very different countries with diverse interests, though those interests primarily are centered around the individual and their rights, and not the corporations' profits, like America is. And…

Oh please not this again.

You think the EU cares about it's citizens rights when it's been trying for the last 3 years to pass the Chat Control law in order to read all your emails, text messages, analyze all your photos and basically treat you as criminal without having any recourse about it?

Is this the kind of rights we are talking about just to be clear?

Re: EU to mobilize 200B Euros to invest in AI

#75

Post by tmnvdb »

dauertewigkeit wrote: post #72

The thinking in Europe when it comes to AI, is "AI for industry", or "AI for science". Like they think of AI as providing a supporting role in industry or science, but they do not think of AI as a goal in itself. This thinking is analogous to the way EU leadership treated "tech" for the past three decades and look how well that turned out for us... If we had good leadership, these funds would be used to setup 2 or 3…

The big difference is that this is a top-down gov run iniative, it will by nature be very different than a free market iniative.

Re: EU to mobilize 200B Euros to invest in AI

#77

Post by rdm_blackhole »

danmaz74 wrote: post #32

Wow, I just read all the comments which are currently here (at my time of reading), and the level is worse than on Reddit. Not the HN I remember... Talking about the actual news, as usual with this kinds of programs, a lot of the money won't bring results, but that's also true for most investments from VCs. If just a few good ventures come out of it, that's already a great result. Trump is showing that the EU simply…

You do understand the difference between VC money and government money right?

As a citizen of the EU I care greatly when governments spend money that for one they do not have, therefore saddling me and everyone else with more debt,and two when that money is spent not in the most efficient manner but given to the established players who can fill forms the proper way as highlighted in the numerous comments above yours.

If a VC like Softbank blows 100B on a bad investment It doesn't affect me but when its my hard earned tax money that could have been spent on other things, then it matters very greatly.

Re: EU to mobilize 200B Euros to invest in AI

#78

Post by rdm_blackhole »

Zoadian wrote: post #43
edhelas wrote: post #30

Earlier quoted context omitted.

That's why we need Elon to come to Europe and get rid of all those regulations and restrictions! We need a European DOGE!

no, we don't. regulations and restrictions are useful.

This kind of blanket statements are never correct.

Re: EU to mobilize 200B Euros to invest in AI

#79

Post by kreetx »

cm2187 wrote: post #20

Tax it, regulate it, and when it stops moving, subsidise it!

That is how it feels sometimes. The regulators want to be in control, as if "they are responsible for anything good that comes", while the truth is that they are only able to somewhat restrict or nudge a process, while any strong process will happen regardless of it.

Re: EU to mobilize 200B Euros to invest in AI

#80

Post by FirmwareBurner »

igorkraw wrote: post #29
bloomingkales wrote: post #10

EU can always get a discount on that once they ratchet up regulations. I don’t understand Europe, why don’t they just focus on hyper growth with limited oversight like America?

In the spirit of HN rules, actual answering instead of snark: 1. The memory of Nazis using centralised industrial might and information to kill millions of people (google dutch insurance records Nazis) 2.a much stronger history of workers rights and distrust of rich people together with a different attitude to gouvernement making it politically challenging Can hate it or love it, but the median life expectancy in Eur…

No offence but those arguments are all silly.

>1. The memory of Nazis using centralised industrial might and information to kill millions of people (google dutch insurance records Nazis)

We can't stop developing and using modern technology just because one time in the past modern technology was used to kill people. Imagine if prehistoric humans stopped using fire because one time some retard burned down the village, or if they stopped forging steel because swords were used to kill people one time. People kill people, not technology alone.

And people who bring in the Nazi atrocities as a joker card against progress in an argument, usually do it for emotional manipulation to move the goalposts and push an agenda, similar to "won't someone think of the children" to push online surveillance. Most normal people don't think of the Nazi atrocities at every decision they make in life, most people think about the problems we have right now.

>2.a much stronger history of workers rights and distrust of rich people together with a different attitude to gouvernement making it politically challenging

Yeah well the problem is it's always the capitalistic rich people that create jobs and drive innovation. Putting the government in charge of creating jobs and innovations don't end up working well long term.

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