alt Hacker NewsI get the sarcasm, but its not like e.g. TSMC popped up in a environment of pure libertarian free market capitalism. It was, from the beginning, a project of the Taiwanese state, and without significant public influence there is no way it would have become what it is. Are the EU laws what's needed? IDK. But without a proper public industrial policy besides "low taxes and few regulations" there is no way Europe will be able to get significant semiconductor-production up, the rich-get-richer phenomenon is just to strong.
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Another interesting fact is that Che-Chia Wei (the man who made TSMC what it is) received zero equity. Everything he has he bought himself at the market rate.
> I get the sarcasm, but its not like e.g. TSMC popped up in a environment of pure libertarian free market capitalism.
Nobody said that. That is a strawman
I think the point is that laws alone mean nothing. As you note, Taiwan was more active than just having commissions and signing papers.
Airbus proves the EU can do this. It remains to be seen if they still have the ability to take constructive action, or if “add more bureaucracy” is the only tool remaining in the toolbox.