4 ms·
The primary European failure here has been to allow the hollowing out of the EU tech space. There have been plenty of web tech players in the EU; the US policy
by tremon 4mo ago
The primary European failure here has been to allow the hollowing out of the EU tech space. There have been plenty of web tech players in the EU; the US policy over the last 30 years has been to absorb them into US companies or buy them off using US capital, and the EU strategy has been to very much encourage that.
But it is complete fantasy to use the current landscape as evidence of capability. It would be equally shortsighted to say "How would the US replace Chinese manufacturing? There simply are no equivalent supply chains in the US, regardless of pipe dreams that pedophile sycophants regularly conjure up. The US seems hellbent on becoming poor and economically irrelevant".
- BjoernKW 4mo agoIt never ceases to amaze me how people scramble to defend the EU's failed policies over the last three decades. The EU managed to regulate itself out of all relevant markets and it only has itself to blame.
- weakfish 4mo agoYou’re missing their point, they’re not defending EU policy and in fact agree that current capability is poor. They’re saying that it can change and that the US is also self sabotaging in other ways.
- mr_toad 4mo agoThe EU lost its manufacturing capacity to countries with cheaper labour, just like the US. The US has only succeeded in IT, everywhere else it struggles against Asia. The ‘American dream’ attracted a lot of talent (look at how many tech leaders were immigrants), and once the network effects (both IT and social) kicked in it was hard to stop. This is a story that has unfolded many times throughout history. Talent moves to where talent is. And it will move if conditions change.
- viking123 4mo agoWay to miss the point lmao
- BjoernKW 4mo agoCare to elaborate?