>Europe fails on producing unicorn that grow by exploiting people's addictions Not true, there's plenty of scummy dating apps for the German speaking market fu

>Europe fails on producing unicorn that grow by exploiting people's addictions Not true, there's plenty of scummy dating apps for the German speaking market funded by Swiss and Bavarian VCs to exploit single lonely desperate men. European tech founders don't hold some holy moral high ground compared to the US ones. They can all be equally unscrupulous when it comes to making money. Does Wirecard ring any bells? >machine from ASML Not this again, if I had a biscuit crumb for every time the chip hipsters on HN mentioned ASML as an example of European tech dominance, I would have died from obesity several times over. The simple fact that Europeans can only name ASML (and SAP) every time when discussing EU tech dominance, speaks volumes that we actually don't have much of a tech industry relative to US. (I'm also European BTW) Short story: the only reason ASML won lithography and its competitors Canon and Nikon lost, is that US decided to license its domestic EUV tech From Sandia labs to ASML, and denied it to Canon and Nikon, purely because ASML acquired Silicon Valley Group Inc, US's leading lithography supplier at the time, giving ASML a strategic US presence on US soil, versus their Japanese competitors. Longer story: [1] >it probably has a bunch of NXP chips in it too NXP mostly makes relatively low margin chips. The margins US semi companies like Nvidia, Intel, AMD, Micron, Quallcomm, Broadcom make, dwarf NXP and EU semi makers by orders of magnitude. >Europe has huge business software companies like SAP Companies? That's plural. But you only listed one. Which other large business SW companies do we have? >like Klarna, Spotify, Revolut, Mollie, Just Eat/Takeaway etc. That's it? A music streaming service that's potentially unsustainable[2] and a bunch of local food delivery and scummy online payment apps nobody outside of EU has ever heard of? Where is EU's IBM? Or Oracle? Or iPhone? Or Android? Or Windows? Or Intel? Or AWS? Or Office365? Or Google? Or ChatGPT? Or Xbox? Or Steam? Or Netflix? Or Nvidia? Or AMD? You know, the big international money makers in the tech world, not some local EU ones that make peanuts. US's handful of top tech companies outmatch the EU's entire tech sector combined (including UK, Switzerland and Norway), both in market cap and sheer numbers. It's not even a competition. Or why did Linus Torvalds, Bjarne Stroustrup, Guido van Rossum or Andrej Karpathy move to the US to make their impacts in the tech world instead of staying in their native European countries and doing it here? Europe is basically completely absent in terms of raising international champions in SW and HW products and services, especially in the consumer facing market. Our strength is making innovations and start-ups that end up swallowed by US money/entities and relocated across the Atlantic in some Delaware holding where they flourish on US soil. A few local payment and food delivery apps doesn't tilt the balance much for us. Even India ca do those better. [1] https://www.dpreview.com/forums/post/65642319 https://www.dpreview.com/forums/post/65642319 [2] https://www.youtube.com/watch?v=gDfNRWsMRsU https://www.youtube.com/watch?v=gDfNRWsMRsU