Define success. If it's high stock market cap calculated by multiplying the number of shares with the last trade price Europe doesn't have many of those.
I’d flip the question and ask you by what metrics Europes tech sector is performing comparatively well. Employment? Average salary? ARR? I struggle to think of a metric that’s a positive outlier.
Longevity, happiness, health, leisure, life satisfaction. Companies are there to make these possible, not to maximise the stock trading price. Some achieve that by making EUV lithography machines, others do chemicals or pharmaceuticals.
Are you aware that you can use the developer tools in your browser to set the price of the stock or your bank account balance to anything you like? You don't have to crumble your infrastructure, run from the mentally ill homeless people or bankrupt sick people to see those numbers.
If you insist on extra steps, you can sell a stock to your friend at ridiculous price and say that that this company is now bigger than the worlds' economy combined.
Aren't those American companies (other than Samsung)? I mean, they're all global/multi-national like most big corps, so it's not as clean as that. But it seems like you're actually agreeing with the parent...
Except Intel, all the hardware is produced in Taiwan or abroad at TSMC.
Samsung and Intel ( + all others) buy their fabs at ASML.
Cars: my preference is still German ( and Toyota). Tesla is really low build quality and it's claims for FSD ( as it's "technological innovation") is a joke. But, Waymo is ahead though.
Those have 1% of the revenue compared to the top American tech companies (individual, not combined). The rest are private and I suspect have even less revenue. If those are the best examples of "tech successes" you can think of, you're proving the parent commenter's point.
I don't know why the parent is calling out those companies, strange list.
Europe has plenty of very successful, influential, and tech heavy organizations. ARM and AirBus come immediately to mind. Car manufacturers such as VW or BMW. Software companies such as SAP. Some of the largest banks and fossil fuel companies in the world.
Define success. If it's high stock market cap calculated by multiplying the number of shares with the last trade price Europe doesn't have many of those.
I’d flip the question and ask you by what metrics Europes tech sector is performing comparatively well. Employment? Average salary? ARR? I struggle to think of a metric that’s a positive outlier.
Longevity, happiness, health, leisure, life satisfaction. Companies are there to make these possible, not to maximise the stock trading price. Some achieve that by making EUV lithography machines, others do chemicals or pharmaceuticals.
Are you aware that you can use the developer tools in your browser to set the price of the stock or your bank account balance to anything you like? You don't have to crumble your infrastructure, run from the mentally ill homeless people or bankrupt sick people to see those numbers.
If you insist on extra steps, you can sell a stock to your friend at ridiculous price and say that that this company is now bigger than the worlds' economy combined.
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Vacation time.
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I bet the hardware you're running on wants to have a word.
Wether if it's from Samsung, Apple, Google, Microsoft, NVIDIA or AMD. And lately, Intel too.
ASML
Aren't those American companies (other than Samsung)? I mean, they're all global/multi-national like most big corps, so it's not as clean as that. But it seems like you're actually agreeing with the parent...
Except Intel, all the hardware is produced in Taiwan or abroad at TSMC.
Samsung and Intel ( + all others) buy their fabs at ASML.
Cars: my preference is still German ( and Toyota). Tesla is really low build quality and it's claims for FSD ( as it's "technological innovation") is a joke. But, Waymo is ahead though.
Planes: Well, Airbus, duh.
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Those have 1% of the revenue compared to the top American tech companies (individual, not combined). The rest are private and I suspect have even less revenue. If those are the best examples of "tech successes" you can think of, you're proving the parent commenter's point.
I don't know why the parent is calling out those companies, strange list.
Europe has plenty of very successful, influential, and tech heavy organizations. ARM and AirBus come immediately to mind. Car manufacturers such as VW or BMW. Software companies such as SAP. Some of the largest banks and fossil fuel companies in the world.