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Europe has gigantic research funding in this space, and arguably more fundamental research than probably even the US (which often focuses on gettting things to
by estaseuropano 6y ago
Europe has gigantic research funding in this space, and arguably more fundamental research than probably even the US (which often focuses on gettting things to msrket). Problem is that most successful EU companies get bought out by US (and previously also Chinese) companies before they scale enough.
- ggm 6y agoThis. ETH Zurich, and the IBM Zurich relationship comes to mind. And, The various institutes of like nature. People congregate there to do smart stuff, but then fly off to the land of IPO and giant cars. People forget how much modern tech comes from Eindhoven. It just wound up being made in Asia, it was invented in labs at Philips, in Eindhoven. Or, the amazing tech in the oil industry which stems in part, from the work done for Radar by GEC Plessy Marconi. Radar for bombs and missiles is in the end, easy to repurpose for Geo. And.. North sea oil happened. Europe makes amazing hugh value widgets like the machines TSMC use to make the chips Europeans buy. The key point here is that Europe is pretty crap at buying and operating these machines themselves. At scale. TO make widgets people want to buy. OUTSOURCE! (and.. all the things which stem from it)