this post was submitted on 20 Mar 2025
431 points (99.5% liked)

Technology

67050 readers
4308 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
431
Euro techies call for sovereign fund to escape US dependency (www.theregister.com)
submitted 2 days ago by [email protected] to c/[email protected]
24 comments fedilink hide all child comments
 

European companies like Airbus, Dassault, and OVHcloud apparently want Europe to reduce its dependence on US tech companies.

Thoughts?

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 15 hours ago

I've been thinking for awhile now how cool it would be for a country like the U.S to have a public sovereign wealth fund. There are certain industries where the typical free-market enterprise just doesn't work (such as essential healthcare, infrastructure, food, maybe housing, etc.) Perhaps there could be some kind of public option business that competes in the market with fair prices and an idealized model of doing business.