Presentation

A (little) Introduction

Last revolution of administration system made by a French startup in the US.

They wanted to innovate in France, but they cannot.

A (little) Introduction

Why? No one wanted to finance their idea.

Recurrent issue in France and in European Union.

Why the heart of IT innovation is in the USA?

Computer science subject

Economic subject

Philosophical subject

Facts

Innovations in computer science are in the US.

GAFAM are American companies.

Every new subjects are lead by American companies.

Facts

EU is not focused on high-tech.

Prefer mid-tech.

(incorporating high-tech in old high-tech)

Facts

BUT the European research is very good in high-tech

30 to 40% of cited papers in patents are from European university.

They are not 30% of patents from EU.

Issue is not during the fondamental research, it is at the companies level.

(Even if EU universities have less budget than Americans.)

Economic Growth, Economic Rules and Innovation

Startup is a new company in new high technologies.

Economic Growth, Economic Rules and Innovation

Not enough venture capital in EU.

Venture capital is a long-term investment (not like bank loan).

Venture capital gives the right to fail.

Easier to develop startups with venture capital.

Economic Growth, Economic Rules and Innovation

Institutions are not investing in new startups.

DARPA in US invests a lot of moneys in startups.

With this, they can do some Research & Development.

Economic Growth, Economic Rules and Innovation

EIC looks like the DARPA, but it is very different in facts:

EIC has a lower budget, it is not primary focusing on helping the R&D, and it helps well implanted companies.

Well implanted companies can do more R&S without public subvention,

but they cannot contribute to the growth as a working startup.

Economic Growth, Economic Rules and Innovation

Protecting rules restrict innovation.

EIC is not as independent as the DARPA.

EU rules are limiting bank loan to startups.

Morality of USA's Kind of Innovation

Unregulated innovation leads to a lot of moral issues.

Social media are not really a good thing for humanity (hate, depression, polarize the population).

Self-driving cars are more dangerous than others.

AI can create fake news, modify the society and is not ecologic at all.

Morality of USA's Kind of Innovation

Economic growth faces many moral issues.

Seems to be linked with consumerism.

Consumerism is not compatible with climate issue.

Economic growth creates inequalities.

Morality of USA's Kind of Innovation

But the right to auto-determination requires the innovation.

Auto-determination is the power to decide what we want to become.

Without innovation in a world where innovation is important, it is impossible to have this right.

Auto-determination is usually called sovereignty.

To Put it in a Nutshell...

EU is not good in startups due to its societal institution.

Innovation has a lot of moral issues,

but without a country cannot be sovereign.

Incompatibility between two moral rights: equality and right to auto-determination

Sources

+ "Popular information". NobelPrize.org, Wed. 20 Nov 2024, https://www.nobelprize.org/prizes/economic-sciences/2024/popular-information/ + Aghion, Philippe. "Introduction : Repenser le capitalisme : le pouvoir de la destruction créatrice". Impulser une nouvelle croissance : IA et innovation verte, Collège de France, Tue. 15 Oct 2024. + Aghion, Philippe. "Expliquer le décrochage technologique de l’Europe par rapport aux États-Unis". Impulser une nouvelle croissance : IA et innovation verte, Collège de France, Tue. 22 Oct 2024. + Lambrech, Maxime. Les milliardaires, compatibles avec la démocratie ?, Philoxime, Thu. 21 Dec 2023, https://skeptikon.fr/w/n5TS3HCwSu6xQBBLU4QjV7 + Docker : comment ce Français a changé la vie de tous les développeurs, Konbini, Mon. 27 Nov 2023, https://www.youtube.com/watch?v=KF9Awj74dMw + Nguyên Hoang, Lê. Les réseaux sociaux sont dangereux. Très dangereux., Science4All, Mon. 8 Mar 2021, https://www.youtube.com/watch?v=utWMGi8HTjY +