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>They why are those US tech companies so successful in the EU with no viable local competitors, if nobody wants them? US tech has too much money they burn it o
by simion314 5y ago
>They why are those US tech companies so successful in the EU with no viable local competitors, if nobody wants them?
US tech has too much money they burn it on shit. So any potential competitor is bought, you see some UK AI company pops up then Google buys it and 1 year later you read how Google made huge progress in AI. IMO EU needs to first fix the illegal US companies tax tricks, also fix the Apple software tax or apply a similar tax on closed platforms, "the closed platform tax" , this would mean less money for US SV devs to waste on shit ty stuff and more money for EU devs to try do something better.
- jondwillis 5y agoSo, why are these noble, incorruptible EU-based companies selling out?
- simion314 5y agoFor money, I did not say are incorruptible. I explained why you will not see a FB or Google,Intel,Apple private competitor appear , it will be bought, the competitors will appear from China for sure, they have already mastered the smartphone , they are working on CPUs , I am not into social media but I read that they have pretty good alternatives to US versions too.