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Eric Schmidt: ‘Europe doesn’t have an AI strategy. If it doesn’t invest heavily, it will end up using Chinese models’

⁨31⁩ ⁨likes⁩

Submitted ⁨⁨13⁩ ⁨hours⁩ ago⁩ by ⁨Wursi@lemmy.world⁩ to ⁨technology@lemmy.world⁩

https://english.elpais.com/economy-and-business/2026-01-26/eric-schmidt-europe-doesnt-have-an-ai-strategy-if-it-doesnt-invest-heavily-it-will-end-up-using-chinese-models.html

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Comments

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  • stoy@lemmy.zip ⁨13⁩ ⁨hours⁩ ago

    Ah, Eric Schmidt, billionaire and former CEO and chairman of Google, he is one of the wealthiest people in the world.

    He lead the US National Security Commission on Artificial Intelligence.

    He has drunk the entire bottle of the AI juice.

    If I had 53 billion USD available, I would develop my idea of a system for cleaning the great garbage patch rather than whining about AI.

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    • NewDark@lemmings.world ⁨13⁩ ⁨hours⁩ ago

      This is why you aren’t a billionaire. You aren’t a sociopathic husk of a human.

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    • Hule@lemmy.world ⁨13⁩ ⁨hours⁩ ago

      Wrong. Your ego would grow to fill your wealth. And at that size of a wealth, it defines you.

      So your wealth is your highest priority. Can’t go about wasting it on others, no no. That’s someone else’s job. You’re just sad you can’t live forever to enjoy gathering more.

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      • stoy@lemmy.zip ⁨13⁩ ⁨hours⁩ ago

        Honestly, I don’t believe I would, many years ago I made a decision to always try and make sure people remembered me as kind and a good person, even store clerks and similar service jobs I interact with.

        I think that if I had access to that kind of wealth, I would start looking for my legacy and build something positive for people to remember me by.

        Now, I realize that as an IT guy, it is exceedingly improbable that I will ever get into that kind of wealth, but one can dream.

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      • Serinus@lemmy.world ⁨12⁩ ⁨hours⁩ ago

        Yeah, I don’t think that’s how it works. The people who do not have the grees.at some point are content.

        It’s a mental abnormality that causes some people to act like cancer and consume resources obsessively.

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  • FireWire400@lemmy.world ⁨13⁩ ⁨hours⁩ ago

    I think it would be best for the EU to just wait for the bubble to pop and save themselves from spending millions on useless shit that doesn’t even work that well

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    • phutatorius@lemmy.zip ⁨10⁩ ⁨hours⁩ ago

      Basic sales tactic: create a false sense of urgency.

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      • WanderingThoughts@europe.pub ⁨9⁩ ⁨hours⁩ ago

        Ah, it’s the billionaire equivalent from those “only one left in stock” and “this offers expires in 00:05:00” things.

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  • it_depends_man@lemmy.world ⁨13⁩ ⁨hours⁩ ago

    This isn’t a rich dumbass like Trump. It’s always interesting to listen to him.

    Noooobody cares where the model comes from once it’s already trained and being run in a sandbox.

    All he’s trying to do here, is play for time to get people to stay invested in the US but move out of US businesses himself and into longer term assets like gold. He’s playing the “panic” and “china bad” cards to do it. Don’t believe him and divest. Do it before the US crashes.

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    • the_wise_wolf@feddit.org ⁨12⁩ ⁨hours⁩ ago

      Noooobody cares where the model comes from once it’s already trained and being run in a sandbox.

      Not quite. There is immense power in deciding what data to train on. You can create vastly different models, and we are not always aligned with Chinese goals. Plus, it would be yet another dependency on China.

      All he’s trying to do here, is play for time to get people to stay invested in the US but move out of US businesses himself and into longer term assets like gold. He’s playing the “panic” and “china bad” cards to do it. Don’t believe him and divest. Do it before the US crashes.

      Okay…

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  • baggachipz@sh.itjust.works ⁨8⁩ ⁨hours⁩ ago

    “Having an AI strategy” = Throwing shit tons of money in a fire with no possible benefit, but bragging about it

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  • phutatorius@lemmy.zip ⁨10⁩ ⁨hours⁩ ago

    Or it’ll end up wasting far less money on AI that’s not needed.

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  • aarRJaay@lemmy.world ⁨13⁩ ⁨hours⁩ ago

    You mean Chinese models trained on the same stuff the US ones are trained on but the US government can’t subpoena what you ask them to work in? Let’s face it, it’s all about a) US companies getting all the money, and b) the US government wants to know what you’re doing.

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  • TigerAce@lemmy.dbzer0.com ⁨12⁩ ⁨hours⁩ ago

    Let me translate this to euro: Europeans aren’t as invested in the AI bubble as the US, meaning they will feel the economic crisis when the bubble pops much less.

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  • themurphy@lemmy.ml ⁨8⁩ ⁨hours⁩ ago

    It’s fucking software. Europe can use it if they want, they can make one from an open source model, and it will also be true in the future.

    Europe would just be ready to pick up the scraps that is the US stock market if the AI bubble bursts.

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  • roofuskit@lemmy.world ⁨8⁩ ⁨hours⁩ ago

    I’m sure plenty of engineers at US companies would be happy to move to Europe right about now.

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  • hendrik@palaver.p3x.de ⁨13⁩ ⁨hours⁩ ago

    Open-weight AND Open-Source??

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  • CosmoNova@lemmy.world ⁨13⁩ ⁨hours⁩ ago

    Wrong. This is as a matter of fact a rich dumbass.

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  • xxce2AAb@feddit.dk ⁨13⁩ ⁨hours⁩ ago

    And?

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  • Sir_Simon_Spamalot@lemmy.world ⁨6⁩ ⁨hours⁩ ago

    If you want to be a billionaire’s mouthpiece, I suggest you do it somewhere else. We’ve had enough of that nonsense.

    So what he’s a huge donor? Do you think one would need to be a good person for that? No, they’d simply need a shitton of money.

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