I think there is contradiction in that what makes europe attractive is the thing that doesn't allow building Silicon Valley. You cant't have Google, Facebook, M

I think there is contradiction in that what makes europe attractive is the thing that doesn't allow building Silicon Valley. You cant't have Google, Facebook, Microsoft, Amazon... without intense surveillance and financial speculation. That are things that europeans view as bad (atleast they say that). Best what europe could hope for is finding different tech path than SV. That path most likely won't be as profitable but that might be OK. In a way companies like Hetzner might already be on that path of not trying to replace AWS. What is much more likely is that europe will just become even more reliant on US tech. But it will be because of politic not for technical inability.