“It needs capital on a scale that only markets can provide”
Really? China appears to be able to do it primarily with state funding. As a result the infrastructure is state controlled (sovereign) and not subject to sale to and control by … international firms. She correctly points out that there’s a need for European control over AI infrastructure but capital markets do not necessarily provide that, even if the infrastructure is built in Europe. Just look at Britain’s water supply situation.
Really? China appears to be able to do it primarily with state funding. As a result the infrastructure is state controlled (sovereign) and not subject to sale to and control by … international firms. She correctly points out that there’s a need for European control over AI infrastructure but capital markets do not necessarily provide that, even if the infrastructure is built in Europe. Just look at Britain’s water supply situation.
In the EU we need all these public funds to subsidize farming, not for new age futuristic tech stuff.
/s