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The US is slowly bleeding its tech supremacy to EU. I guess losing manufacturing to China wasn't lesson enough.
by zamalek 4y ago
The US is slowly bleeding its tech supremacy to EU. I guess losing manufacturing to China wasn't lesson enough.
- 988747 4y agoWhat? No, that won't happen, at least not in the next 100 years. Europe is just too far behind, technologically.
- the_duke 4y agoIn a sense Europe isn't really behind, there is lots of know how, research and small-ish companies in the software and hardware space. There is no Google or Apple or Microsoft though, and accordingly a lot of the network effects and institutional knowledge is lacking. I do very much concur that there is no European competition for US IT supremacy on the horizon any time in the next decades. China is a different story...
- jorvi 4y ago> Europe is just too far behind, technologically. A laughable statement. Who was it again that was pleading on their knees to reserve ASML capacity for them?
- pjmlp 4y agoWith researchers that are from European background, with geopolitics forcing an end into globalization, things will slowly turn into another way.
- Bayart 4y agoYeah, we got to work in donkey carts. Seriously...
- kryptiskt 4y agoI'm pessimistic. Whatever European alternative that will pop up to serve this market will hardly be fit to compete internationally, selling to schools and governments means jumping through hoops to provide an adequate service at an adequate price, that's not the way to build a FAANG competitor. Aside from Spotify there really isn't any top-tier European internet companies with global reach. It's even worse in consumer electronics. There are bits and pieces in other tech, but really, challenging the US isn't a reasonable goal at this point.
- FreqSep 4y agoWell that’s just not true. And a webpage of “European Alternatives” that 99.99% of Europeans have never heard of, much less come even remotely close to adopting, means nothing.