Mistral is right here, their models are in-between the cheap to run Chinese models and top of the line performances of US frontier models.
The safe money is they are going to be an also-ran for the AI revolution. They did manage to force Apple to switch from using lightening connectors to USB though so their wins can't just be laughed off. Maybe they'll surprise us but it'd be a welcome change from their usual routine.
The obvious takeaway here is that a country / blok can't regulate their way to innovation... so I'm not exact sure why you included it in your list of paradigm shifts. If anything, when the next paradigm shift around charging drops, the EU will be once again on the back-foot due to these short-sighted USB-C regulations they enacted.
I do share your sentiment that EU will miss the train once again on AI.
Production of state of the art semiconductors, yes. NXP, STMicro, Infineon are still there and massive in automotive, industrial, card chips, etc.
> The EU fumbled the software revolution, the successes mainly came from the US
Worldwide massive success, mostly yes. Most European countries have their local or regional success stories though.
> The safe money is they are going to be an also-ran for the AI revolution
Not really. Past performances, or lack thereof, are not indicative of future ones.
Mistral are pretty good and selling well in the enterprise space. Some of the best voice models are coming from France (Kyutai).
If you fall out of the state of the art then the claim of EU fumbling semiconductors is correct. The richest block in the world should settle for no less than being state of the art. Anything less is fumbling it.
>NXP, STMicro, Infineon are still there and massive in automotive, industrial, card chips, etc.
The EU semi companies you listed are absent from the state of the art and only make low margin commodity parts that don't have moats. ASML exists but is not enough for claiming EU superiority since the EUV light source is still US IP designed and manufactured. And one top company is too little.
>Worldwide massive success, mostly yes.
Worldwide success is where the big money is, and you need a lot of money for cutting edge research and experimentation to build the future successes. Hence the claim of EU fumbling software is correct.
>Most European countries have their local or regional success stories though.
EU mom and pop shops aren't gonna make enough money to be able to afford risky ambitious ventures the likes of FAANGs have. Which is probably why you work for Hashicorp, a large global US company, and not some local EU company.
Who said anything about mom and pop shops? You're arguing in extremely bad faith, as usual with this topic.
Doctolib, Revolut, Adyen, Nokia, Ericsson, Siemens, and tons of others I can't be bothered to list.
> The EU semi companies you listed are absent from the state of the art and only make low margin commodity parts that don't have moats
You think industrial controllers don't have a moat?
> If you fall out of the state of the art then the claim of EU fumbling semiconductors is correct.
Absolutely not. There is more to the world that state of the art.
Mistral is good for many tasks where you do not need SOTA or near SOTA performance. They cannot compete if you do.
Then they need money.
So most of the talent flee or get bought, typical example in machine learning space is huggingface or fchollet.
Then European government plays catch-up and offer subventions, but at the same time makes rules to make sure companies don't threaten US dominance, or Asian manufacturing.
Mistral is typically playing catch the subsidy game.
Europe is constructed so that it can't win, but can "pick" the winner between scylla and charybdis, pest and cholera.
Europe is constructed so you can take 60 days vacation, work 32 hours a week, get tons of social benefits, can't really lose your job, and retire when you are 65 with a full pension.
Which is excellent. Unless you need to be economically competitive.
Not a thing.
>work 32 hours a week
Not a common thing.
>get tons of social benefits
That you pay for in high taxes.
>can't really lose your job
Layoffs happen at the same rate as elsewhere.
>retire when you are 65 with a full pension
Unless the government decides to push back your retirement because it's insolvent.[0]
[0] https://en.wikipedia.org/wiki/2023_French_pension_reform_str...
Because they have no spine and no leverage/muscle on the international stage to throw their weight around and make sure they get what's best for themselves at the expense of everyone else the same way US, China, etc do.
They play the international nice guy that just ends up being the doormat everyone takes advantage of, being at the mercy of Russian and Azeri gas, at the mercy of US tech, energy and defence, and at the mercy of Chinese manufacturing after dismantling their own manufacturing, at the mercy of Turkey for migration enforcement, etc so they can't do anything radical that upsets their "partners", or that makes their virtue signaling policies look bad, or risk massive repercussions they aren't prepared for, so they just turtle, bury their head in the sand and pretend everything is going fine while falling further into obscurity.
EU flaunts its "moral values" as its strength, but their geopolitical adversaries have no such values and are dominating over them in the process exploiting their morals against them as their weakness. There's nothing virtuous in being/acting weak and letting others dominate you.
By design European laws are superior to national laws. Leaving the union is also instant bankruptcy because all countries have very high level of debt which are only guaranteed because they are in the union.
European population is getting old and replaced by a migration coming mainly from previous African colonies.
Future paying for the past.
That seems to violate basic physics and accounting laws. It isn't possible for everyone to be in debt all at once, because when everything nets out then there isn't anyone to make the loans. Someone has to be producing the goods that get consumed.
Uhm, Europe is not the US. We still have a lot of manufacturing. It varies by country - the UK unfortunately had structural problems, finance supremacy and a Thatcher who hated unions so much that she'd rather destroy unionized industries than have unions. Central Europe still does a pretty large amount of manufacturing.
Then why are we afraid of China and the US and cave in to their demands?
Why is german manufacturing output back to where it was in 2006?[1]
[1] https://x.com/ThorstenPolleit/status/2047436171903394294/pho...
