Europe cannot easily build FAANG because it requires punishing working conditions and free/low tax capital flow. It would also have the side effect of creating

Europe cannot easily build FAANG because it requires punishing working conditions and free/low tax capital flow. It would also have the side effect of creating many European billionaires and skewing wealth equality metrics. All the things that Europe prides itself on having transcended, are the things needed to build theses industries. So while it's totally physically possible, and Europeans are both smart and industrious (well they ancestors were industrious at least), the knife in the side of Europe is the prevailing psyche of low-work/high-benefits as a human right.