Tech companies, and the EU today imports 80% of its digital technology. In September 2024, the Draghi Report issued a stark warning to bloc leaders, (…) Strong measures from the White House in retaliation for European antitrust and regulatory enforcement might just give this process additional impetus. President Trump cannot make European tech great again, because it never was great. But his policies may unintentionally help make it so.
Doubt it. EU is a centrally planned economy, which is antithetical to innovation. The mechanisms they employ (high taxes on every company, then subsidies for select large employers with established lobbying interest), makes sure that novel ideas are better of elsewhere.
Rather a slowed decline, than having to adapt to a changing world.
EU has been forever investing in innovation and supporting open source development. Lemmy for one is partially funded by EU funds…
The issue is an economic centrism which dominates the EU governance so while there are plenty EU supported and developed alternatives they are not used. But as much as hate LLMs it seems that that’s was the push required for EU to reconsider their approach. Combine that with the friends turning into foes and the future tech sector in the EU looks bright.
iii@mander.xyz 2 days ago
Doubt it. EU is a centrally planned economy, which is antithetical to innovation. The mechanisms they employ (high taxes on every company, then subsidies for select large employers with established lobbying interest), makes sure that novel ideas are better of elsewhere.
Rather a slowed decline, than having to adapt to a changing world.
BrikoX@lemmy.zip 1 day ago
EU has been forever investing in innovation and supporting open source development. Lemmy for one is partially funded by EU funds…
The issue is an economic centrism which dominates the EU governance so while there are plenty EU supported and developed alternatives they are not used. But as much as hate LLMs it seems that that’s was the push required for EU to reconsider their approach. Combine that with the friends turning into foes and the future tech sector in the EU looks bright.
iii@mander.xyz 1 day ago
Small copies of existing products aren’t novelty nor innovation.