Item — HN Reader

> 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

1 comments

> 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.

Nah. Very few start-ups succeed or fail because of speed of writing code, or lack thereof. And there is huge opportunity in areas where LLMs are barely helpful at all: for example new low-cost guided missiles (disruptive innovation in military affairs).

Brick and mortar stores, as well as service oriented businesses do exist and will continue to do so for the foreseeable future. Tech is not the entirety of business.