alt Hacker News> The US Government is not a major funder of frontier labs (who are almost exclusively VC and private money funded)...
There isn't a lot of VC funding available in Europe compared to the US, so without government intervention catching up will be very tricky.
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dansquizsoft • today at 1:55 PM
Yes, I'm sure that EU doing its best to ignore building any technology frontier capabilities in its population will lead to a good solution for this lack of VC funding... ;-)
No shortage of visionaries in EU leadership these days :-)
The problem is that EU has no money. France is virtually broke. Germany and eastern/central Europe is hemorrhaging its most valuable industries to cheaper Chinese competition. The whole bloc is carving out $100 billion military aid packages for Ukraine basically every year with no end in sight. And now EU is getting into a trade war with China despite having little leverage. Energy costs were bad even before the Ukraine war and Iran, and now they're at the boiling point.
It's why the USA and Chinese vultures are swarming. It's a bad situation.