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America can switch off AI. Europe must switch gears before it's too late

euronews.com · Read Story HN original

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Nah, we rather regulate ourselves out of existence. Any investment you do, the money will go to paying random taxes and fees to services that make sure you are filling the arbitrary criteria of bullshit. Maybe after that you have some pocket change to spend on your idea instead.

And if you do happen to make a successful company, then the governments want a cut of that too, because making money is a no-no thing.

Decisions here are made slowly, with complete information, and agreement from all parties. Once they’re made they’re then slow to change for all the same reasons.

Until this changes I don’t think Europe has any hope of competing with the US or China on anything they decide is important.

Step one: air conditioning. Step two: AI superpower.
Step zero: make energy as cheap as possible... no taxes on it
Basically Europe needs to become best friends with China and buy all the solar panels and all the electronics they are willing to spare. But the ineffective incumbent European industries throw rocks into those gears. Even though EU consumers are delighted with what China has to offer.

I think political landscape could use consumer focused political parties. Screw the business, screw the rent-seekers, rights-holders and estate-holders. Best deal for the consumer is king. Europe is first and foremost a market. And our politics should represent that.

So an anarcho-capitalist society?
Step one will result in the collapse of the pension system. We need to first make the pension system more robust before proceeding to roll out air conditioning across the continent.
Nah, we will be fine. AI isn't sustainable, financially or otherwise. It will collapse and take a big chunk of the US economy with it.