Quaero, the French Challenger to Google Bites the Dust
A spokeswoman at the French Agency for Industrial Innovation said it was continuing with the project to build a search engine called “Quaero” that would be able to index not only text but also photos and videos.
Some German firms would still be involved in that project, despite the withdrawal of others to work on the separate German-developed engine called “Theseus” that would be more focused on analysing text. “There will be a French project and a German project, and as they are not working in the same areas, they will not be rivals but complementary to each other —there will be two programmes instead of one,” she said Friday.Germany to work on their own search engine called ?Theseus?
Let me stand on my soap box and say again: Publicly funded projects have good intentions, bad politics and bad economics. Private, market funded projects have "bad" profit motives for intentions, good politics and good economics.
In my opinion, entrepreneurs and venture partners, with a profit motive, are a better vehicle to improve Europe's competitiveness in technology. the €600m assigned to Quaero are being wasted by this committee driven project.
- Product Vision and Creative Leadership - Feb 01, 2016
- The Future of Competence: Don't Be Generic - Jan 15, 2016
- Contrarian Investing: The Story of Mr Womack, the Pig Farmer - Jan 14, 2016