3 ms·

You mean the kind of big companies that repeatedly break the law, engage in unethical behaviour, and put growth above all else? Yeah. Only the US has those. Con

You mean the kind of big companies that repeatedly break the law, engage in unethical behaviour, and put growth above all else? Yeah. Only the US has those. Congratulations. Plenty of tech companies in Europe either way; you just don't know about them. Do you think Europe is some poor underdeveloped continent with uneducated people who can only "write spreadsheets?" What a patronizing comment.

heartbeats 7y ago
You have to break eggs to make omelettes. The US is the only country in the world (perhaps excepting China) with any tech industry of value, just as it is the only country with any finance industry of value. Europe has some companies with IT departments, some American companies with European offices, and some no-name consultancies (which are often US-owned). The indigenous European tech industry is a complete joke, since there is hardly any of it. A normal programmer in Europe earns maybe $2-4k per month, or $24-48k per year. For context, the American poverty line for a family of four is $24.3k, so they are earning about $21/month above the poverty line. A normal programmer in the USA earns maybe $100k per year, and up to $300-400k if they work at a big company. In Europe, the CEO of an ostensibly big company might earn $300-400k. It's an utter joke. That I haven't heard of the alleged European tech companies just goes to show my point. DeepL, what the hell is that? Spotify is somewhat larger-scale web development, but still just a Mickey Mouse startup. The NYSE couldn't even get their flag right! The other two (relatively serious companies) are located in the UK, which is slated to leave the European Union soon.
- northern-lights 7y ago
  Just so you know, salaries in Bangalore are comparable to that of SF if adjusted for Purchasing Power Parity. If you don't believe me, feel free to look up levels.fyi for both and match the conversions through: http://salaryconverter.nigelb.me/ http://salaryconverter.nigelb.me/
  - heartbeats 7y ago
    That's because SV outsources their development work there, artificially inflating prices. In reality, India has a 'tech industry' in the same sense that Africa has an 'AI industry' - there is industry and it is vaguely related to AI, but tagging images does not an 'AI industry' make.
    - northern-lights 7y ago
      If there is development work happening, then there is a tech industry. Perhaps you may consider a tech industry to only exist if it is spawning a million startups a day but that is not a view shared by the rest of the world. See: http://elitebusinessmagazine.co.uk/global/item/how-the-tech-city-of-bangalore-became-the-silicon-valley-of-india http://elitebusinessmagazine.co.uk/global/item/how-the-tech-...

heartbeats 7y ago

You have to break eggs to make omelettes. The US is the only country in the world (perhaps excepting China) with any tech industry of value, just as it is the only country with any finance industry of value. Europe has some companies with IT departments, some American companies with European offices, and some no-name consultancies (which are often US-owned). The indigenous European tech industry is a complete joke, since there is hardly any of it. A normal programmer in Europe earns maybe $2-4k per month, or $24-48k per year. For context, the American poverty line for a family of four is $24.3k, so they are earning about $21/month above the poverty line. A normal programmer in the USA earns maybe $100k per year, and up to $300-400k if they work at a big company. In Europe, the CEO of an ostensibly big company might earn $300-400k. It's an utter joke. That I haven't heard of the alleged European tech companies just goes to show my point. DeepL, what the hell is that? Spotify is somewhat larger-scale web development, but still just a Mickey Mouse startup. The NYSE couldn't even get their flag right! The other two (relatively serious companies) are located in the UK, which is slated to leave the European Union soon.

northern-lights 7y ago
Just so you know, salaries in Bangalore are comparable to that of SF if adjusted for Purchasing Power Parity. If you don't believe me, feel free to look up levels.fyi for both and match the conversions through: http://salaryconverter.nigelb.me/ http://salaryconverter.nigelb.me/
- heartbeats 7y ago
  That's because SV outsources their development work there, artificially inflating prices. In reality, India has a 'tech industry' in the same sense that Africa has an 'AI industry' - there is industry and it is vaguely related to AI, but tagging images does not an 'AI industry' make.
  - northern-lights 7y ago
    If there is development work happening, then there is a tech industry. Perhaps you may consider a tech industry to only exist if it is spawning a million startups a day but that is not a view shared by the rest of the world. See: http://elitebusinessmagazine.co.uk/global/item/how-the-tech-city-of-bangalore-became-the-silicon-valley-of-india http://elitebusinessmagazine.co.uk/global/item/how-the-tech-...