[filereaper]

The European Politician would have to introspect and answer exactly how it is that they add value.

All they can do is enact regulations and decrees in a centralized way like the former USSR.

Also as a entrepreneur in Europe, what incentives are there to create anything. There's the existing crippling regulations, employment laws are tough to try things out and just go bust, and at the end of it all if you're successful, the taxes remove whatever gains you should rightfully get for jumping through all these hoops.

All you have now are $200k designer bag manufacturers because of legacy.

I hope to god they do whatever is needed to keep ASML and the like competitive.

[jsiepkes]

So what are you proposing? Joining the race to the bottom to the Chinese surveillance state? Sell out "OCP"-style to big tech like the US?

[hot_gril]

I won't propose a solution since I'm not in charge, but my guess for what will happen regardless is the EU outsources its tech innovation to some other place where they can still reap the rewards. Kinda like how they've imported energy from countries with lower environmental standards.

[sunaookami]

> Joining the race to the bottom to the Chinese surveillance state?

Look up chat control and Digital Services Act.

[bdjsiqoocwk]

Could you name some of those crippling regulations you're talking about? Just so Im better informed as a european