[ExI] The Problem With Counterfeit People

[William Flynn Wallace]

I am not sure that's right, that Sweden is a socialist country.  I thought
that the government did not run the economy, and that's the defining
element in socialism.   bill w

On Fri, May 19, 2023 at 10:03 AM efc--- via extropy-chat <
extropy-chat at lists.extropy.org> wrote:

>
> On Thu, 18 May 2023, Gadersd via extropy-chat wrote:
>
> >> In fact, I fear that the EU, as always, will stifle this wave of
> innovation as well and fall behind in yet another area.
> >
> > Do you think the EU will experience a massive brain drain as people move
> where AI is more accessible? Would this possiblility incentivize the EU to
> soften its regulations? I don’t see how an advanced economy can remain
> advanced and competitive without embracing new technologies that other
> nations adopt.
> >
>
> I not only think the EU will experience a massive brain drain, I think
> the EU _is_ experiencing a massive brain drain at the moment. It is a
> region with the worlds highest taxes and most burdensome administration,
> and with increased EU control over its member countries, my opinion is
> that it is moving more and more towards socialism as the year go by.
>
> If we zoom in on sweden, many entrepreneurs have left, so for instance
> companies such as Ikea, Tetrapak, Skype, Minecraft, Yubikey, Candy crush
> and more are either based outside sweden (today) or the founders did
> start their companies in sweden, but decided to sell to american
> companies.
>
> IT is a bit blessed in that you can create huge value with few
> employees. Looking at traditional companies, Volvo is partly chinese,
> Absolut vodka was sold and so on.
>
> So sweden has been very socialist and paid its price in lowered quality
> of life and lowered disposable income throughout the years. I think the
> EU will follow Swedens example and unless people awaken to this reality
> (which I doubt, since this is a slow, multi generational decline) the EU
> will be a low cost producer and tourist paradise in the future.
>
> Best regards,
> Daniel
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