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The question is really if Europe can compete with the whole US ecosystem without protectionist policies (and there justified). Nowhere is the US domination more
by l5870uoo9y 9y ago
The question is really if Europe can compete with the whole US ecosystem without protectionist policies (and there justified). Nowhere is the US domination more visible than in the tech sector, where Europe essentially is a tech vassal state. The European countries need to build not only an AI hubs, but also an competitive business ecosystem that attracts top talent through salaries, opportunities, challenges and benefits. I don't think there is much appetite in the European population for competing on lavish salaries and raw capitalistic incentiments (both categories in which US leads).
European leaders can just look at China and see successful protectionist policies. It makes sense to have some policies not only in US-EU relationship, but also inside EU that spreads the talent on a regional level so regions don't just get drained. This is also a big issue for East- and Central-european countries.
- adventured 9y agoThere's actually something fascinating about the dominance / vassal premise: it applies within the US, and it applies within Europe as well. Silicon Valley, Boston, NY, Seattle, and a few others dominate the US on tech, with the rest of the US mostly fitting into your tech vassal state premise. The exact same thing is true within Europe for industry and tech. Germany overwhelmingly dominates Europe on auto manufacturing for example. What kind of cars are Russia, Spain, Portugal, UK, Poland, Ukraine, Greece, etc producing? The Germans are out selling and out producing the rest of Europe to an epic degree. How many Airbus planes - and or what share of components - are manufactured in Romania, Czech, Greece or Poland? In Europe these are industrial vassal states to France or Germany.
- dragandj 9y agoThe headquarters are in Germany, but tiny Slovakia, for example, has huge car production facilities.