The difference between a Yelp review and a government social score is the Yelp score doesn't determine whether you're eligible for loans, jobs, education and so

The difference between a Yelp review and a government social score is the Yelp score doesn't determine whether you're eligible for loans, jobs, education and so on. > Europe will struggle to compete in the future I'd say it already does, but not because it addresses valid issues through regulation or introduces excess regulation for invalid use cases. One reason it does is regulatory capture, stifling competition to already established companies. It shares this aspect with the US. Another is a cultural difference with the US, Japan or China in terms of general ambition/entrepreneurship. The European dream for most seems to be "get big enough so I can cash out", not "let's take over the world". Yet another is that Europe, while being unified in many respects, still is a loose federation of a bunch of different cultures and languages, making it more work to appeal to and serve everyone in the internal single market.