This "greed is good, and should be rewarded" philosophy is one I see all too often on HN, and the entire reason why Americas political, regulatory, and business leadership have been overrun by the countries most criminally corrupt narcissists and psychopaths; why its democracy has collapsed.
When you reward the most selfish, corrupt, and antisocial behaviours with wealth and power, you're guaranteed to create a selfish, corrupt, and antisocial society. IMHO it's indicative of what I have dubbed Americas "mental illness epidemic"; specifically cluster B personality disorders [0] which are characterised by socially-destructive and self-destructive behaviours.
If that's the world you want for you and your loved ones, congratulations. You've earned it!
[0] https://wikipedia.org/wiki/Classification_of_personality_dis...
If tax incentives to attract companies and at-will employment are already viewed as a destructive collapse of democracy, it's no wonder we are not getting anything done here in Europe.
I suggest you take the time to read independent analysis on the benefits of corporate subsidies in America.
I know I've read of many cases where they cost cities and communities far more than the economic activity they promise to generate (eg Amazon warehouses and sportsball stadiums).
Subsidies could make strategic sense in the case of AI, but it's terrible economics to encourage businesses that take more from communities than they give back, especially those that don't employ many people.
Data centers are known to create few local jobs while requiring upgrades to the power grid or water infrastructure.
Wouldn't that make it important to subsidize them at the national level, precisely for that reason? Otherwise it seems likely to be a NIMBY problem.
But now I'm talking about data centers, the main thing we lack here is AI research labs, is it not? I think those should create many jobs.
No greed will be rewarded. If European consumers don't like the end AI models that are produced, they can forgo buying them and the investors can watch their fortress burn. For the EU taxpayer, nothing was gained and nothing was lost. All the state did was stand out of the way.
If the models are good though, they will have their sovereign AI and should be happy to pay for it instead of American or Chinese models. You may call it greed, but to me it just sounds fair.
3 Times As Many Europeans Move to the US, than the Other Way Around.
[1]: https://mises.org/mises-wire/3-times-many-europeans-move-us-...
In 2017. Wonder what it's like today.
"US, for 1st time in 50 years, experienced negative net migration in 2025" [0]
Curious how they jumped for nearly decade old stats, huh?
[0] https://abcnews.com/US/us-1st-time-50-years-experienced-nega...