Most big US HW/SW companies do have a significant presence in Europe and some other places like Israel, it's not like Europe has a lack of engineers and scientists capable of building this stuff, they are just mostly working for US companies
> it's not like Europe has a lack of engineers and scientists capable of building this stuff
That wasn't my point. We have engineers, but we have no local champions. ASML, SAP and Spotify can't balance out what the US has.
>they are just mostly working for US companies
THAT was my point. Europe has a lack of local top tech companies and our brightest minds are working to build up the US tech sector instead of the domestic one.
Glad that at least some tech people here in Europe are aware of how things stand when it comes to technology and to our economic future (which depends on said tech).
Just the other day I was saying to a person close to me of how right now the world economy is splitting into two separate future growth camps, China and the US, with Europe left somewhere in a stagnating middle.
