Comment by picafrost

> It should be done in secret?

No?

> How did they manage to create CERN?

I have no clue. It appears that was 70 years ago.

> maybe there was no reddit like people commenting back then?

Huh?

The EU is often criticized for its lack of competitiveness due to its highly regulated environment, low investment numbers, risk aversion, and slow moving bureaucracy. This announcement hits all of these points. I am European as well, and it just makes me sad? It is more of the same. This doesn't look like a serious effort to propel Europe to the cutting-edge or even the conversation. It's just enough to say we're doing something, without a high risk of calling it a failure if nothing ends up being delivered.

Europe doesn't lack talent or initiative. If you look at the top AI research institutions out there, a great many of them are composed of researchers who originated from Europe. What is the US offering them that Europe is not? That is many things, none of which are are actively being addressed in the EU. There's a high likelihood that academic beneficiaries of these funds will end up in the US due to the absurd salaries and cutting edge positions.

I prefer the regulated EU environment. I value my privacy and think the EU is doing the right, long-term thing. I don't mind the reduced salaries here -- I worked in the US for years but returned back to Europe because I share its values. But there's no point in pretending the EU will be a serious contender in this environment.