A vassal of California. I know we like to say that tech is the US but that's not true. It is almost completely focused around a small part of California. Take that out and Europe and the US are comparable with respect to software tech at least.
Europe has a golden chance with the current mass outflux of talent from the US and I really hope we grasp it. I just don't see my country (NL) doing that as our political class are nearly as stupid as the Americans.
The tech companies could all move to Texas and the power would be there. They've all won. They all have their monopolies / duopolies.
They would never have been the success they were in the first place without California. It was the culture, the conditions (no non-competes) and the lax regulation (non-enforcement of rules aimed at avoiding monopolies which allowed Facebook to buy any emerging competitor not owned by the Chinese government) which created them.
Europe has a golden chance with the current mass outflux of talent from the US and I really hope we grasp it. I just don't see my country (NL) doing that as our political class are nearly as stupid as the Americans.