alt Hacker News> The objective is to enable innovative companies to operate under a single, harmonised set of EU-wide rules, covering relevant aspects of corporate, insolvency, labour and tax law.
A good idea in theory
> legal framework provides faster (within 48 hours), cheaper (maximum EUR 100) and fully digital company registration, simplified procedures throughout the company life cycle
Did not expect this
.
If they deliver, this might actually make startups in europe a bit more common
> If they deliver, this might actually make startups in europe a bit more common
Just in time for AI to make startups no longer possible for labor capital to undertake as financial capital alone (plus the hyperscalers) take the reigns.
Once there's a $1M Claude Code button to implement an entire business, it's over. Engineeers and business folks and the startup hustle are over.
I was hoping open source would save us, but it's not keeping pace with the leading edge of foundation models. Plus the hyperscalers own all of the infrastructure to run and scale anyhow. Piddly RTX cards are nothing in the face of this.
This is tech (and humanity's) final "embrace, extend, extinguish".
This is the last few years of startups.