The Seed #20 - Euro-Autocrash, Euro-(no)Doom, Europe's 1st Trillion $tartup, Musk v Altman

We're in a studio this week, sounding joojie. Mads and I discussing this week's news, views and thoughts around Europe, startup, and investing. What's moving the needle, what's not, and why.

The Decline of Europe’s Automotive Industry
◦ The shift from internal combustion engines (ICE) to electric vehicles (EVs).
◦ Why Chinese automakers are dominating global markets.
◦ Can Europe recover, or is the industry destined for slow decline?

Trillion-Dollar Companies: Can Europe Compete?
◦ Why Europe has yet to produce a trillion-dollar company.
◦ Strategic importance of big tech companies for economic growth and national influence.
◦ Key sectors that could drive Europe's first trillion-dollar success: biopharma, quantum technology, and energy.

China vs. the US: The Resource War
◦ The implications of China restricting exports of critical metals like gallium and germanium.
◦ How this trade war impacts Europe and global supply chains.
◦ The importance of resource independence and domestic production.

The AI Cage Match: Elon Musk vs. Sam Altman
◦ The history of OpenAI, its pivot to a for-profit model, and Musk’s fallout.
◦ The rise of XAI and the battle for AI supremacy.
◦ Will Nvidia face real competition in the AI chip market?

Founder Corner: The Psychology of Founders
◦Insights into founder breakups and the challenges of building a startup.
◦How Europe’s culture of risk aversion may hinder innovation.
◦The importance of supporting founders to build resilient, long-term businesses.

Bitcoin and Morality
◦A heated debate about the ethics of Bitcoin and its role in the economy.
◦Speculation, regulation, and the future of cryptocurrencies.
◦Does Bitcoin represent humanity’s worst impulses, or is it a driver of innovation?