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> The EU does not have a track record of staying ahead when they tangle with Asians for tech manufacturing supremacy. Depends on your definition of "tech", see
by cgeier 3y ago
> The EU does not have a track record of staying ahead when they tangle with Asians for tech manufacturing supremacy.
Depends on your definition of "tech", see e.g. Airbus.
- hardlianotion 3y agoI would say: "watch this space". There is a major aircraft manufacturing effort underway in China. Parent is saying "don't be complacent".
- roenxi 3y agoI don't accept that example. The Aerospace industry is dominated by the Americans [0]. Challenging North America is a much harder proposition than challenge the EU. The EU doesn't have a competitive edge in that market and I doubt they'd stand up all that well if challenged, given that they were already challenged and didn't stand up well. [0] https://en.wikipedia.org/wiki/Aerospace_manufacturer https://en.wikipedia.org/wiki/Aerospace_manufacturer
- FirmwareBurner 3y ago>see e.g. Airbus One single successful company can't sustain the tech economy of a continent. Even if they lost the commercial aviation crown after Boeing's flops, the US still has far more local champions with insane margins successful in other critical areas (military, web services, mobile, cloud, GPUs, AI, CPUs, etc) than the EU could ever dream of. I'm sure working at Airbus or ASML is nice but those two companies can't employ all of EU's tech workers and fund EU's monetary deficits, especially since both are registered in the NL tax heaven.
- spacebanana7 3y agoEurope of today is nothing like the Europe of the 1970s. In the mid to late 20th century, Europe has a deep & diverse industrial base. Public infrastructure projects like high speed rail were world leading. Western Europe had a military industrial base genuinely competitive with the US.