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Analyzed from 518 words in the discussion.
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#funds#more#strategy#https#mean#whatever#states#done#services#own
Discussion Sentiment
Analyzed from 518 words in the discussion.
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Discussion (14 Comments)Read Original on HackerNews
[1] https://ec.europa.eu/commission/presscorner/detail/en/ip_26_...
Idk. It’s draft legislation.
It might be bunk. But it’s more than the usual EU nonsense of convening a committee to propose a plan to think hard about something Hungary can veto in 2045.
Member states' leaderships are not so stupid to refuse EU funds. They just oppose things when the funds are going towards other non-EU states (like Ukraine) through association agreements or when there'a some sort of responsibility for them, like migrant quotas or when they want to block or extract favours from a third party that is trying to join the EU (Bulgaria vs North Macedonia) or Schengen (Nederlands and Austria vs Romania and Bulgaria). If they don't want digital sovereignity, they can pay for whatever services or military equipment they like using their own funds.
Big round of applause.
The Chips Act 2.0, for the 1.0 did... Nothing at all?
It's the "If it moves, tax it. If it still moves, tax it more. Tax is until it doesn't move at all anymore. Then subsidize it.".
It's a strategy from losers and by losers.
There's no way the EU shall ever compete again (we at least had some chip industry in the beginning) with the EU or China on CPUs/GPUs. That's never going to happen.
The only thing europeans can hope for is to leech on open-source efforts to diminish their reliance on big US software companies but... The same EU bureaucrats who are making big announcements explaining how the EU shall become relevant again are, in illegal backroom deals, taking bribes from Microsoft (one of the company that has the most to lose if the EU gets serious about embracing open source).
https://www.europarl.europa.eu/summits/lis1_en.htm
TL;DR from bureaucratese: to make the EU "the most competitive and dynamic knowledge-based economy in the world" capable of sustainable economic growth with more jobs and greater social cohesion.
As of 2026, everyone can see for themselves what the previous long game has delivered. Not even that social cohesion; everyone is fighting over entitlements and blaming someone else (boomers, immigrants, techbros, childless people) for ruining the system.
But also, blaming boomers and childless people is mostly an American thing as far as I can tall.
So like, you got only the immigrants right, but again, America is no different then EU there.