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> What does the US do right that we do wrong here? I have worked for a number of really successful Swedish software companies, all of them have been purchased
by Hokusai 6y ago
> What does the US do right that we do wrong here?
I have worked for a number of really successful Swedish software companies, all of them have been purchased by American companies. From Skype to Candy Crush, all companies are owned by USA corporations. USA is a rich country and has accumulated enough wealth to buy any competing economy.
China, when it comes to technology, has created an extremely innovative environment and growth local talent beyond what Europe can dream. (Before anyone complains about China "stealing" American technology, just remember that most of American technology was "stolen" from Europe after WWII. Except, that sharing technological advances should not be seen as stealing but as global collaboration for the improvement of humankind).
Just to make sure that I am not misunderstood. I do not think that the USA has done anything wrong, I just think that Europe, until recently, has not been in a position to compete with the USA. Not even Germany, one of the biggest and one of more successful economies in Europe, can compete with the USA as a whole. Europe failure has been to not unite and align their positions. A divided Europe cannot compete internationally, that is our fault. Internal-country markets are too small to create a software industry, or a film industry. Only aviation and car manufacturing have growth thanks to a heavy government intervention that forced a consolidation and shared efforts at European level, showing that the approach works.
USA and Europe should be partners, a week European Union will not be relevant in the world, a divided European Union would individual states up for grabs for other international powers (UK probably by the USA, southern regions have seen China investment increasing and Russia maybe temporally incapacitated but sooner or later will come back).
So, I believe that Europe has done some things poorly, event that also had done great things, as keeping one of the higher standards of living in the world. The current pandemic is creating a re-thinking on how countries interact between them. Isolation is not a solution, not even for China, and I hope that we do not get there. But, we need to find a way that each region can protect its own interest while sharing its wealth and knowledge with the rest.