Why did Europe fail to compete in tech industry?

Because EU is bureaucratic and it takes forever to get something done.

US companies go bankrupt every second, something like Myspace folding would be unacceptable in Europe

US might be a super power militarily, technologically, scientifically, and economically, but EU is a feminist super power.

Because all the smart European moved to America to create tech companies for better wages.

Isn't that part of the problem? Companies need to be able to fail so that they don't block better alternatives. It's corporate darwinism.

More taxes for social programs to help the needy. That's it. The less risk you take the less rewards you get.

Why did Europe fail to compete in tech industry?

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american companies are overvalued

market cap

Literally jew lies.

Just look at Tesla vs VW or Toyota.

regulation by boomers

extraterritoriality of US laws to kill any foreign attempts

and no monopoly fake money like the US

And what did russia do in tech industry? Show the flag rusnigger

half of Europe used to be communist and still has things left over from that because they have no choice. for example companies in Europe need to have a majority of the staff communicating in the nation's language, they can't have random tech bros from wherever coming in and throwing ideas at them that might fail anyway.

what did russia do in tech industry

Rosatom. Now you can go and cry in the corner.

interesting

To innovate you need some degree of sovereignty, which Europe simply doesn't have. All of our brightest morons have to go to the US and feed the trillion dollar ponzi scheme.

Techniggers haven’t made anyone’s life better since 2010. Farming billions from DEI contracts paid for by the taxpayer doesn’t mean you produce anything valuable

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At least their space rocket don't randomly explode 10 seconds into flight. That fucking wall should have never collapsed.

pdf software companies and search engines

Meanwhile the only company to make lithography machines is in the EU, all the optics used by your special forces come from Germany, your new army rifles (G28, MCX) are made by HK and SIG and most importantly, half your CNC machines come from Siemens or some other German company (the other half from Asia), etc. Buy hey, you got Amazon and Costco.

Rosatom. Now you can go and cry in the corner.

Kek. Underrated.

Market caps are all Jewish made up nonsense with no reality behind it.
It's all just gambling and the USA set it up first.

this is why europe used to have tech companies back when tech moved slower. plenty of computer companies in past decades were european. but for a european company to survive and compete they needed years to slowly execute.

these days you can't get away with that. moves too fast. you can't spend 3 years prototyping and dealing with regulations before a product comes out. you have to release immediately and immediately iterate and compete with everybody else who immediately shows up. the spaces you can see european companies working in tend to be really niche without much competition that allows really long product cycles.

european companies are just too slow and it isn't going to change. I spent a decade living in europe and people don't even really want this to change. the average euro unironically loves regulations and government. sort of naturally born serfs who love their betters and want to be ruled over.

Every one says socialism but didn’t the Nazis have better technology during ww2?

I spent a decade living in europe

no you didnt, you lying nigger

Switzerland stock market is bigger than germanys.
It's all pure gambling and not based on actual production of anything.

I did a masters in the uk, worked 4 years in london, 2 years in copenhagen and 3 years in zurich. eu citizen by ancestry. america rules btw. kill yourself immediately.

sure you did, you worthless mexican monkey

Germany was always industrial and the third reich didn't created any of those companies who created the tech they only gave gibs to priority companies.

Everyone looks when Europe will stand up. There is no Europe.But when push comes to shove, The south shall rise again. It's different now. People shoving against each other because their governments tell them too is no longer a viable thing.

we have ASML

Is this a new cope template for europoors? Because I really see no point here when your best selling product consists of 90% of its parts made in the US and Japan.
Is that why you don't have any endemic software ecosystem while asian countries do?

Forgot to add pic. BTW even the R&D center of ASML is headquartered in the US.

It started with the retard Kohl who believed the Internet is just a not relevant gimmick and never will be useful.
We have worse Internet that the gypsy town Romania.......and instead of starting anything native those American cocksucker puppets who call themself politicians do anything to please their masters.
I'm a neet so all this nonsense is not.my problem at all.

I really see no point here when your best selling product consists of 90% of its parts made in the US and Japan.

What are you talking about?? They are the only company with the technology to produce EUV lithography machines and you're bragging that the raw materials come from somewhere else? Lol. And nice ignoring the rest of my post. Walk into any machine shop in your country and ask where the CNC is from. And then cope.

even the R&D center of ASML is headquartered in the US

They have plenty of R&D centers but the main one is in the Netherlands, obviously.

spotify. SAP. uh i think they are dominating. also they collect like 10% of US tech company's revenue in fines and fees

European nations have been focused on creating entrenched industries for decades. This is the opposite of the kind of environment needed for innovation.

t. tried to go to graduate school at TU Delft

fuck that shit

Our leaders should have build a Chinese like European firewall not allowing American sites to completely dominate here because hurr durr we're " allies" so that's a good thing.. no instead create our own Internet.

They are the only company with the technology to produce EUV lithography machines

Did I say it's not?

you're bragging that the raw materials come from somewhere else?

I'm talking about the sources of internal components inside of it. See where they get their light source from. ASML can't make shit without the US and Japan.

Walk into any machine shop in your country and ask where the CNC is from.

You talk like CNC is like something impossible when even China and DPRK make their own products nowadays. Also, Japan was already better at it.

They have plenty of R&D centers but the main one is in the Netherlands, obviously.

No, it doesn't. Only the final assembly facility is in Europe.

Proton doesn't explode 10 seconds into flight since it isn't flying anymore after Falcon 9 took all its European customers.

uhh i dunno maybe because every time a european makes something of use an american company uses fake money backed by nothing that can be printed to infinity to buy out their company and then it becomes american

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lol. This desu

Is this because it's difficult to start a new business in Europe? It has been getting harder in the US to start a business, but I assume Europe has a retarded amount of regulations.

Because of EU regulations and bureaucracy. It's that simple. It is extremely hard to innovate and start new companies in Europe because of the extreme overbearingness of German control of the EU. First of, the EU needs to be completely demolished and rebuilt from the ground up, then we need to stop pretending it's a democratic institution with the pretense of elections and "presidents" who aren't actually elected at all. Nothing new can truly be made in the EU because of its bloat and its aristocratic tendencies among the unelected bureaucrats that run the show. They literally have a government funded castle in Belgium where they get to show their dominance and receive a disgustingly large salary with benefits for doing literally nothing of value at all.

socialism

literally this..

For every technological breakthrough in European inventions there is a commie waiting to block it with regulations,
American investors looking to buy it, Chinks looking to steal it and jewish lawyers looking to make money of all those processes.
By the time you've dealt with the burocracy to built a manufacturing plant, everyone else is already flooding the market.

Cd's, bluetooth, wifi, python, the machines to bake your cpu's, etc.. all European..

Because they're not willing to invest. Europoors get paid like shit for tech unless they work for American companies, and even then, they make significantly below what their American counterparts make.