The European Commission President, Jose Manuel Barroso, wants to create a European Institute of Technology to compete with MIT. According to one report, there’s a belief that “Europe needs an institution capable of  bringing together its currently too-dispersed scientific and teaching excellence”. Instead of creating one new institution, the EIT would be a network institution founded on about six of the best universities in the EU. Five of these would be responsible for coordinating the main areas of EIT work (chemistry/materials science, life sciences/biotechnology, physics/communication sciences, etc); the sixth would be responsible for making the EIT network function. My own view? This top-heavy monster has the appearance of a network organisation, but the body and brain of a Barosaurus. EIT is not needed, and will never fly. The European Research Area contains hundreds of tech-based universities and research labs; their workers intertact and network with each other continuously, and a new ‘center’ is the last thing this thriving ecosystem needs. Barroso makes life needlessly hard on himself (and the rest of us) by defining economic success only in terms of tech-based economic growth. His people frantically measure things like biotech patents to persuade themselves that more needs to be done. What Europe really needs is a European Institute of Well-Being, directed by this author, whose task would be celebrate the many facets of life in Europe that work perfectly well without clunky, expensive technology.