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You would be hard pressed to find anyone who claims the EU has a "Tech Friendly" environment. Every techie with skill and an idea in the EU said "F-this, I'm g
by Workaccount2 10mo ago
You would be hard pressed to find anyone who claims the EU has a "Tech Friendly" environment.
Every techie with skill and an idea in the EU said "F-this, I'm going to the US to start my company" which lead to others saying "F-this, I'm going to the US for tech work". There is no one to point the finger at, because even today, this is exactly what Europeans want. They just haven't put the pieces together to link "heavy regulation and very worker/consumer friendly environment" with "Nobody wants to plant their seeds here". Instead it seems the EUs plan is to just continually fine foreign tech companies to make up for the barren infertile business lands they cultivated.
Germany is a borderline shrinking economy with workers averaging 400 hours less time at work per year than their American counterparts. And this is celebrated like it's some kind of triumph. Everyday I wish I could violently shake Europeans and beg them to open their eyes. Economic strain will fracture all of Europe.
- bpt3 10mo agoThe only hope the EU has is that Trump fucks up the US enough in the next 3 years that we aren't able to continue to attract the vast majority of the people worldwide who actually want to work and reap the rewards of their efforts. The EU has chosen stagnation, which seems fine at first but looks worse and worse as all the people (or nations in this case) who didn't make that choice continue to grow. Unless you have a closed, close knit community like the Amish, stagnation does not end well.
- vanviegen 10mo ago> with workers averaging 400 hours less time at work per year than their American counterparts If true (seems dubious to me), that's a ~20% difference. The difference in wages is a lot larger than that though, at least for tech workers. So that doesn't really explain why German tech can't compete against US tech. Also, there's quite a bit of evidence that a better work/life balance improves productivity. I think vacation time is a red herring. My guess is that the various forms of worker protection, making it impossible or very laborious+expensive to get rid of disfunctional team members, are a much larger factor. But also, let's not forget that the major difference between the state of the economy in the US and the EU is Silicon Valley. Without its tech companies, the US doesn't amount to all that much anymore. This could also be explained as a historical fluke with lots of momentum.
- bpt3 10mo ago> If true (seems dubious to me), that's a ~20% difference. The difference in wages is a lot larger than that though, at least for tech workers. So that doesn't really explain why German tech can't compete against US tech. https://www.oecd.org/en/data/indicators/hours-worked.html https://www.oecd.org/en/data/indicators/hours-worked.html 1805 for the US (slightly more than the OECD average) vs. 1335 for Germany, which works the least. Germany can't compete with US wages in tech because their companies don't generate as much revenue or profit, either per employee or in total. > Also, there's quite a bit of evidence that a better work/life balance improves productivity. There is, and the US is more productive per hour worked than the EU. Maybe that work/life balance in the US isn't as bad as reddit would have you believe. > I think vacation time is a red herring. My guess is that the various forms of worker protection, making it impossible or very laborious+expensive to get rid of disfunctional team members, are a much larger factor. An emphasis on regulation over productivity is the core issue IMO, including mandates for paid time off. By incentivizing leisure and bureaucracy designed to stifle change (both for the better and for the worse), you're effectively punishing highly productive individuals. > But also, let's not forget that the major difference between the state of the economy in the US and the EU is Silicon Valley. Without its tech companies, the US doesn't amount to all that much anymore. This could also be explained as a historical fluke with lots of momentum. No, productivity in the US is higher than the EU in nearly every sector: https://eei-institute.eu/publications/understanding-the-eu-us-labour-productivity-gap-1-the-broad-perspective/ https://eei-institute.eu/publications/understanding-the-eu-u... It's not a fluke. Like every other organization, the EU is getting what it encourages, which is stagnation and a lack of productivity. They will have to adapt at some point, the only question is how painful that process will be.
- 9rx 10mo ago> Germany can't compete with US wages in tech because their companies don't generate as much revenue or profit Right, because, thanks to heavy regulation driven by the USA, it is illegal to compete on a direct basis. The only hope Germany could have is to compete on being more innovative, but how do you out-innovate when you don't have much of a revenue basis to use to fund innovation and are trying to challenge businesses in the USA that have secured the moat that gives an effectively unlimited money printer? Not going to happen. Like was pointed out earlier, you cannot successfully operate in a highly regulated environment (well, except where those regulations are to your favour, as is the case for Silicon Valley tech). While Europe tends to want more balance in IP laws, what practical choice does Germany have but to comply to the USA's demands? There is no benefit to Germany in allowing Dinsey nearly endless copyright terms, but the USA has a lot of leverage that it isn't afraid to use and that is something everyone else does have to concern themselves with.