> I’m surprised that there’s no domestic chip production either, we don’t have our own CPUs or GPUs, meanwhile China is spinning up manufacturing so they don’t have to work around the Nvidia export restrictions as much.
The CCP is able to plan the economy. We used to be able to do that in the 60s-70s, at least in France, but that mindset is long gone.
In the long run a planned economy is a huge disadvantage, the Soviets and now the the CCP are prime examples. For instance, the CCP is also sitting on a bunch of practically empty metropolises, paired with a property bubble and a falling population (all of which are exist to their meddling).
"Planning" has a very different meaning when referring to what France did, what the USSR did, and what China is doing. Remains to be seen if China is at a disadvantage.
I mean the EU has ASML, why can’t we go the rest of the way? Seems kinda shortsighted and I say that as someone who bought the Intel Arc A580 on release and don’t regret it.
We're not in a good position on the supply chain needed. Right now it really means pouring billions on American corps, either by renting the compute or by building it. That would be mostly fine if it were only VC money but it's not.
> We're not in a good position on the supply chain needed. Right now it really means pouring billions on American corps, either by renting the compute or by building it.
You are saying "right now" as if EU is seriously investing into developing its own AI hardware (both training and inference) but I'm not aware of any serious attempts to build such supply chain in EU.
As he's explaining the battery-electric propulsion isn't the hard part, he's even selling their software at 10:40. I guess the point here is to be bought by an existing aerospace corporation to kick start a new electric division? Nothing they do here Airbus can't do with better engineering rigour, but it'd be instantly sabotaged by their corporate rats.
I wish Musk had stuck to bullying his employees instead of going after everyone, because SpaceX is still building a more interesting future. Although that apparently involves pouring concrete in a wetland.
I've done that, but I chose a Framework Desktop instead. The latest Fedora is closer to Snow Leopard than anything Apple has to offer. Downside is that I still have my MBP because of the lock-in and occasionally pick it up to do computer stuff in weird places.
I got used to the hub-and-spoke model at home (previously thin terminal, server-client, etc.). Big ole desktop/server and smaller devices that (ab)use it remotely. Roam around with a smaller computer/tablet/phone. Tailscale to bind it all together.
If your computing needs line up, it's a very serviceable approach.
While I do love Fedora, I Wouldn't call it a "Snow Leopard". Around August 5th, there's been numerous regressions when it comes to AMD graphics. First a kernel regression that resulting in artifacts on the desktop. Then a linux-firmware regression with decoding AV1 videos that resulting in 4 prominent columns and constant major color shifts.
Its update policy can result in this sort of regressions in a middle of a release. One thing that's nicer thing about macOS is that a released version doesn't regress as much (even if they are buggier at release; but in that case you can just wait until a later point release to upgrade).
> It's much easier to just register US LLC instead at this point. However if you want to do anything physical not digital you end up having to register and do taxes in your resident country anyway.
How does remaining digital help here? My understanding was that you'd still be operating a foreign company so the country you reside in is able to claim taxes, regardless of what kind of business you do.
Yes, you need to pay personal income tax in your tax resident country but that's much easier than formalized bookkeeping and corporate income tax (assuming your LLC is DE which is the default). Also for other taxes like VAT you have to register for and pay those regardless of where your company is registered.
US LLC has no formal bookkeeping requirements but you still need to report distributions and contributions to IRS annually (via fax or certified letter), submit annual statements to your state (but those are just hey I'm still alive not financial statements, they are even free in some states like Montana) and maintain registered agent but that's like $50/year. It's crazy just how easy it is.
The digital part is just about what your business can realistically do without it having local or at least EU based presence in some form.
For once you'll have issues with dealing with local businesses and EU marketplaces rather than government.
For example eBay account is basically impossible without having US address and resident VPN. And you'll constantly worry about getting banned, which is already a worry even if you are legitimate local based business since they too big to have to care about customer support like most big corps.
If you're just selling software or something like that it's much easier. The more you go into physical goods or services realm the more hurdles you will have. You can't hire people for example without having a branch or similar. Same for real estate or some equipment like cars.
Also for some services every local business you invoice will potentially have tax withholding to deal with. This is in particular a problem in Poland which has the strictest tax withholding regulations.
I wasn't talking about income tax, this one is almost easy. The country you reside in can claim corporate taxes on your foreign business. You end up having to deal with bureaucracy in both places... Otherwise all freelancers would have their company in Estonia (for easiness) or the member state that has a lowest corporate tax, while living in the one that has the best social security.
Yes that was my criticism exactly, but US LLC by default has no corporate tax (unless you opt-in for some reason) while still having limited liability. It's why it's so unique.
There's no other country in the world that has anything like that.
People don't realize how insanely business friendly US is compared to rest of the world.
That’s cool I didn’t know about EURL. I have researched it before AI and must have missed it or dismissed because of the French language, so my mistake.
Sadly you can't run them as a non-resident afaik. The member state in which you resides will come after you for taxes if you operate a foreign company.
In France the micro-entrepreneur status makes you partially liable, and running a SASU/EURL does require ~200€/m of accounting.
> you absolutely cannot know what it's like until you actually
Is probably true for all life changing event. Extreme poverty, wealth, loss of a parent, etc. There's nothing special in that regard about having children.
> if you have even a slight feeling like maybe you want to have kids, I would absolutely do it
Nah, that's just being egocentric. Have children if you're pretty sure you can raise them in the best conditions possible for them to end up being happy, if not, better keep on hesitating.
The CCP is able to plan the economy. We used to be able to do that in the 60s-70s, at least in France, but that mindset is long gone.