3 ms·

The article can be read here - https://archive.ph/ejx8K https://archive.ph/ejx8K

• Gravityloss 3y ago
  Person doesn't get European tech. They list Nokia, SAP, Ericsson and Volkswagen, all more or less dinosaurs.
  • drcwpl 3y ago
    ... agreed some decline for Nokia - but still Nokia revenue for the twelve months ending September 30, 2023 was $25.646B... SAP forecasted to range from €29.0 to €29.5 billion at constant currencies, up from €26.93 billion in 2023. Ericsson revenue for the twelve months ending September 30, 2023 was $26.263B. Not quite dinosaurs if they integrate GEN-AI into SAP and telecoms capture 5G licenses... but I agree they lost significantly from where they were ... we need more Spotify's, and major innovative ideas - but then how to get the investment capital and skills - I think that the EU will see a massive job losses in the coming 2 years (eg call centers) --- maybe the dinosaurs will turn around - By the way it still stuns me that US companies such as HP and IBM are such big companies