Krugman, Fable 5, and Europe in Decline?

🫧 Open on Bubbles × On May 21, Paul Krugman wrapped up a long argument that the European continent isn’t really in economic decline. With one exception: Europe, he writes, “can’t be sure that it will always have access to new technologies developed and produced in the other superpowers,” and “the risk of being cut off from strategically important technologies, once minimal, is now very real.” Twenty-two days later a US directive switched off a frontier AI model for every non-American (well techn...