I realise I’m just replying to a troll’s cherry picked list at this point, but come on you’re not even trying.
All of those chips and fabs all rely on ASML? Those manufacturers you list literally couldn’t make the chips they make without an EU company being the backbone of their work.
You can’t think of global scale European applications. SAP, the worlds third largest software company by revenue? Representative of the EU’s tech sector, probably not, but it goes to show your either ignorant of the wider industry in the EU or being deceiving.
> Open banking and SEPA. Are these technologies? I think they were just regulations.
Turns out regulations can be a good thing? Our banking infrastructure ‘just works’, instantly, EU wide, with low fees and technology first.
> Wake up.
People get real holiday, great purchasing power (sure, not as high as a US tech worker, but pretty darn good), healthcare that doesn’t bankrupt them, proper mental health treatment so walking down a street isn’t a gamble, great affordable education, and the pleasure of not having a mass shooting multiple times a week. But yeah, the US has some big companies. Good for you bud.
Speaking of cherry-picking. Which European fab is ASML selling to? Being able to manufacture one machine for one stage of the process doesn't make an industry. Europe has some great niche companies, but has a real problem fostering an actual ecosystem.
Europe has sleep-walked into technological irrelevance since at least the early 2000s. In 10 years or so, all there's left in European tech that's competitive is going to be aviation, and agriculture and fashion if you count them as tech.
> People get real holiday, great purchasing power (sure, not as high as a US tech worker, but pretty darn good), healthcare that doesn’t bankrupt them, proper mental health treatment so walking down a street isn’t a gamble, great affordable education, and the pleasure of not having a mass shooting multiple times a week. But yeah, the US has some big companies. Good for you bud.
US tech workers have PTO, and Europe has mass shootings as well, and war and migrant crisis on the border. FANNG's profit is not just big, they are so massive, they dwarf many European countries' GDP.
The truth is hard to swallow, but if Europe doesn't recognize just how far behind you are, you are never going to catch up, or even better, produce some industrial leaders once in a while.
So, what you are trying to say is: "Please stop sending us your well educated and skilled people - we need to spend more money on our country and citizens, not absurd wages for tech"?
That's super kind of you, I think Europe could get back on its feet with that kind of leg up.
What I'm saying is, at this point, Europe has lost the competition on so many waves of technological disruptions, there's simply no hope. The only thing Europe can do to gain back some international negotiating power is to invest in the next wave. Unfortunately, we can pretty much declare Europe has lost on AI, and good luck with hydrogen-based energy.
The European brain drain to America simply will not stop until there's a complete ecosystem.
