Disclaimer: I don’t particularly like Eric Shmidt. He is shady as fuck.
https://wikileaks.org/google-is-not-what-it-seems/
But he is also smart as fuck and a huge donor to science, including european science.
https://en.wikipedia.org/wiki/Eric_Schmidt
This isn’t a rich dumbass like Trump. It’s always interesting to listen to him.
Let me translate this to euro: Europeans aren’t as invested in the AI bubble as the US, meaning they will feel the economic crisis when the bubble pops much less.