Comment by zurfer

Yes it's a bit disappointing but probably captures the current American and Chinese opinion quite well.

Europe as a whole has a lot of good things going for it but I do agree that it's less ambitious on average than these 2 power blocks.

However the same dynamic that was described in the article where nobody wants to lack behind is also true for Europe.

Also, yes Novo Nordisk plundered their GTM in the US and lost market valuation but you can still get the same medical outcome in Europe as a patient based on a European invention. Another one: The first Covid vaccine came out of Germany.

More interestingly is the question on degrowth. I personally believe that growth is the more tempting path in general, but we do live on a finite planet and no system is on a path or has a good framework on how to grow sustainably or responsibly. Maybe AI is going to figure it out for us, but maybe it involves some hard tradeoffs that intelligence alone can't solve.