Depends on your personal connections.

Aand, it’s gone.

the EU would contribute €50 billion with the rest pledged by “providers, investors and industry.”

make our own production more competitive and enable better salaries overall.

That’s the topic of this post: due to it’s central steering EU became technologically (and in a few decades economically) irrelevant. It doesn’t know how to make 21st century things. Tarrifs don’t help with that problem, au contraire. Nor does a national social security system. The latter does make sure that everyone’s quality of life degrades about equally fast.

That I know, I live in Belgium.

I wonder what successful capitalisation of that would look like?

That’s something EU countries are better at than the US and on which it should capitalise

What does that look like?

That, I think, is a symptom not a cause.

The cause is societal: the EU thinks that innovation should come top down. By giving established corporations subsidies, and a large administration that steers everyone every step of the way. To make sure nobody does anything out of the ordinary.

That works if you want to improve car crash safety by 5%. But, ofcourse, that doesn’t work for true, novel ideas. Concensus being antagonistic to novelty.

And it’s not solely a “bad politicians” problem. A majority of Europeans are simply afraid of change, want their 9-to-5 job to look exactly the same for their whole life. The elected reflect their electorate.

Too bad the world changes regardless of you participating.

Ah yes, politics as a driving force for technological innovation. This time it’ll work. 😒