Europe has no chips, no energy, no venture capital, and no training data.

It is in fact too late.

We have nice art, though. And pretty old towns. We are well-positioned to be a Disneyland for the Chinese.

indeed this. Idiotic policies and choices around green energy is killing europe, we struggle with energy prices in the winter for heating, nevermind energy for AI datacenters. And why would anyone start an AI company in europe? It's like picking hard mode over just doing it in the US. I honestly, see a bleak future for europe, and it saddens me as an european.