3 ms·
I’m not sure it’s as ridiculous as you seem to say. Apple is the worlds most valuable company, and it is not an advertising company but a pretty straight up tec
by fnordpiglet 4y ago
I’m not sure it’s as ridiculous as you seem to say. Apple is the worlds most valuable company, and it is not an advertising company but a pretty straight up technology company. Google is certainly advertising, but the science, math, and technology that go into their product is amazing - and the advertising but subsidizes all its research. Amazon isn’t an advertiser, while it’s a retail and logistics platform, it’s mostly planet scale technology infrastructure company. Then you’ve got Boeing, Tesla, etc.
That the EU doesn’t have a meaningful (in terms of revenue production) technology or engineering industry and the top company is a company that makes money by stamping logos on handbags should be concerning and not dismissed. I wish Europe had more innovation, we would all benefit from more people and more companies innovating.
- pjc50 4y ago> That the EU doesn’t have a meaningful (in terms of revenue production) technology or engineering industry I don't know what definition you're using here, but I think describing e.g. Airbus as "not meaningful revenue" is surprising. What _do_ you mean (not just you but all the "EU has no industry" people) both by "meaningful" and a definition of the industry sector?
- alephnerd 4y agoThe EU lags in software R&D, but they are still a massive player in ONG, Energy, Automotive, Pharma, Defense, and Manufacturing R&D. A lot of this is country dependent though - eg. Denmark/France are big Pharma players, Norway/Netherlands are major energy sector players, Sweden/France/Germany are major Defense Players, etc.
- fnordpiglet 4y agoFair enough. I’m also being unfair, Mercedes, BMW, Rolls Royce, et al are also engineering powerhouses. I guess it’s really software, hardware, and technology services that seem to lag. SAP is the only significant European software company that comes to mind, and I can’t think of any Intel, Arm, nvidia, AMD, etc.
- fxtentacle 4y agoIsn't ARM mostly in the UK, which used to be EU? Also, there's a lot of AMD R&D and production around Dresden, Germany. Right next to Infineon.
- alephnerd 4y agoArm's headcount is evenly split between the UK, US (lots of R&D done in the Austin offices), and India. Same with AMD - most of their R&D is still done in the Bay Area and Texas, and based on LinkedIn their Germany employees make up 1% of total headcount. Most R&D in the chips world is simply done in the US, Japan, SK, and Taiwan, with significant regional presences in Israel, China, India, Malaysia, and Singapore.
- alephnerd 4y agoSAP had the benefit of German companies expanding into the US following the example made of Japan after the Plaza Accord.