393 karma · joined December 8, 2024
So they frame the anti-immigrant debate as if they are fighting to kick out the Syrian asylum seeker who hasn't worked a day since he arrived in 2015. But in truth, they are basically saying, "we don't want too many foreigners, especially ones that don't look German". This applies to pretty much all the legal immigrants in Germany.
Isn't that purposefully misleading?
I think AI is a good example. EU wide there are plenty of public HPC centers and in 2020 we had (relative to the world) plenty of compute. In other words, we had the tech, we had the compute, and we had the know how. And yet we don't really have a competitive AI scene in Europe. There were some very small projects launched to try to train LLMs. All of them were no more than learning exercises.
How will QC be different?
It would be interesting to see the class of doctors, lawyers and small business owners fighting against the class of large cap c-suite and the billionaires.
Moreover, everyone who gains any amount of power becomes protective of it.
That's basic human nature. As a conservative, I under this.
Intuitively, it seems to me that there must necessarily be some kind of upper limit, but I'm not convincing myself. These speculative assets are only attractive as long as the price keeps inflating. But that can only happen if there is more and more demand. So it's basically a bet that there is an average amount of retail investors (I assume it's mostly retail investors but I could be wrong) that consistently put a percentage of their income into these speculative assets. Can this be maintained forever?
Part of it is by economic necessity. For example finding nursing staff is very challenging and you have to compete with the US and Australia and other rich countries.
But part of it doesn't make much sense. We really don't need to import any kind of engineers from outside of Europe when we have about 2,500 EU universities pumping out graduates each year.