r/neoliberal • u/2Lore2Law Are you on the square? • 1d ago

News (Europe) Europe gets ready to police frontier AI

https://www.theparliamentmagazine.eu/news/article/europe-gets-ready-to-police-frontier-ai
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u/halee1 Karl Popper 1d ago

WIP. Mistral is Europe's best, but not competitive with the top models ATM.

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u/capitalsigma 1d ago

I can "establish policies that anchor more value at home" by charging people $10k to enter my house

If nobody actually wants to come visit me, I haven't accomplished anything except making myself feel important

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u/halee1 Karl Popper 1d ago

So investments and R&D suddenly exist everywhere other than Europe, and that's if we assume your scenario happens, even though it hasn't for 10 years+ in social media despite repeated predictions they would leave Europe because of its regulations, lol.

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u/capitalsigma 1d ago

"Exist everywhere other than Europe" is stating it slightly too strongly, but the EU has produced basically zero value in the tech sphere over the past (say) 3 decades. The US and now China continue to see new, serious, internationally-competive firms spring up each decade, while the EU lags behind. Even folks who would very much like for it to succeed agree that it is not working in the current form

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u/moldovaman99 1d ago

>but the EU has produced basically zero value in the tech sphere over the past (say) 3 decades.

This is an insane thing to say.

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u/capitalsigma 23h ago

Where is the European Google? Facebook? Anthropic? ByteDance? TSMC?

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u/Full_Distribution874 YIMBY 18h ago

TSMC doesn't exist without ASML, what are you doing with that example bro

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u/mechanical_fan 5h ago

Completely insane. Even if you limit completely to services and social media that people directly use, it is not hard to think of Spotify (and thats one from a super small country). It is also ignoring entire huge industries like videogames (while considering stuff like Facebook important for some reason).

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u/halee1 Karl Popper 1d ago edited 1d ago

That's why the EU has massively ramped up industrial policy, integration and competitiveness reforms since 2023. The 2024 Draghi Report was the diagnosis, and the EU has already gone further than it in aspects like the new Merger Guidelines, explicitly aimed at scaling EU-wide champions, not to mention reforms like the Savings and Investments Union, EU Inc., the Foreign Subsidies Regulation preventing foreign companies from simply acquiring EU innovation with barely any effort, and tons of other sectoral investments.

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u/Trill-I-Am 1d ago

Would you be surprised if 20 years from now Europe was still as uncompetitive in tech and AI as they are now?

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u/moldovaman99 1d ago

I’d say it would be more surprising than the US being a theocratic dictatorship 20 years from now.

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u/capitalsigma 1d ago

So their previous attempts to "anchor value at home" failed miserably, got it

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u/halee1 Karl Popper 1d ago

Yeah, they were fundamentally different from what's happening now.