Biden divides EU with new AI chip export controls
euractiv.com
euractiv.com
There will be real financial consequences, because (bubble) money won't go to people ringfenced from the 7%. So, even as an AI skeptic I can say this has consequence.
I cannot be alone in recalling how ITAR export rules were used to get US supplies ahead in bids behind the iron curtain. It was just easier to get a Rolm sell certified than an Olivetti one. This will be the same.
Heaven forfend that ASML impose licence fees on equipment which could better be used to get TSMC plants running in Europe..
Soon we will get to know the consequences.