The decline of Europe is not inevitable, despite how much Americans love to joke/proclaim that the continent is doomed to become an open-air museum. Sure, it's possible that things have to get worse before they get better, but believing that "it's over" is just loser talk. It's never over, but the old world also won't recover by itself...
The best part of the American ethos is the belief that we can build our way out of anything. Behind China on chips and fabs? Let’s build. Challenged by BYD? Let’s build. Catch a glimpse of a future massively accelerated by AI? LET’S BUILD.
Build Chips and fabs = build some megaproject that won’t be used because stockholders prefer to save $0.04 per unit
Challenged by byd? Let’s sweep it under the rug with tariffs. But when in a few years their cars are actually better than Ford and GM, what to do?
Finally the ai grift with massive underutilized datacenters
He lives in a parallel universe
Build Chips and fabs = build some megaproject that won’t be used because stockholders prefer to save $0.04 per unit
Challenged by byd? Let’s sweep it under the rug with tariffs. But when in a few years their cars are actually better than Ford and GM, what to do?
Finally the ai grift with massive underutilized datacenters