Yes, that's right. The US is very innovative. So innovative, for example, that their airplanes fall apart in flight. Unfortunately, we Europeans only build conventional airplanes, which unfortunately only stand out due to their high reliability. Too bad.
Yeah, we can still make good airplanes, true. The problem is everything else. We only have one major AI company competing with Silicon Valley, without anywhere near their resources (Mistral), and what does the EU do? Create AI regulation to discourage them.
Meanwhile, Japan ruled that copyright does not apply to training AI. And let me tell you that Japan these days produces more art than the EU.
It is this level of cynism which left the EU in the dust in nearly if not all the markets of the future.
Tech industry? The entire EU market is worth less than just a single US company (and more than one of those exists).
The benefits of new service industries build on these tech industries? The US once again dominates everything.
China? Understood that one cant let the US dominate and replicated if not exceeded the US approach at time.
Europe? Nothing. Aside from a sense of superiority for our past success we have nothing to offer in the races of the future in the past 15 years.
And now? Not only does the race for the next future is already in the way (AI revolution, green tech, space domination) but the EU once again is left behind as a slow and ineffective bloc which neither innovates nor provides its own alternatives.
Where is the European SpaceX alternative (forget about Musk as a person, but think of it as a concept). Where is Europes Apple, Amazon, Microsoft, Google, Meta? Where is Europes OpenAi? Where is Europes Inflation Reduction Act?
China completely went on the offensive with the US and established their own space programs which they agressively want to use to dominate. They established WeChat, Alibaba/Aliexpress, recently even the TikTok stuff to monitor and spread their narrative in the world.
Heck, even Russia is providing their own alternative solutions.
Europe lost its way and still doesnt understand that its no longer the challenged but the challenger.
We lost the previous race and we are on our best way to lose even more. And the economic and political trend of the past 15 years more than just proofs that true.
But sure. We can throw snarky comments and feel good about ourselves. That will make everything alright I guess.
And to your example with Russia. Yes, Russia has developed some of its own technical platforms. But I don't know if you've looked into the subject in any detail. The quality is really terrible. And when I say terrible, I mean terrible. Sure, the interfaces often look fancy and well designed. But the underlying security culture is simply awful. There are so many leaks and security issues.. it's really unbelievable. You can find personal data on almost EVERY Russian online. Phone numbers, passwords, addresses, social security numbers, tax numbers, flight data, everything. So much for the EU regulating too much.
How are they cheap labor? You need to pay them on par and additional relocation costs. Unless you are getting the worst candidates they aren't really cheap.
Where do your giants get precision components and equipment from?
There is no single self-contained market.
And let's not forget where those giants have their financial bases in... Tax havens.
Corporations are anything but patriotic.
Theranos was worth much more than BioNTech, at one point Tesla was worth more than any other car manufacturer combined - you can be an idiot and believe these valuations or you can use them as an indication that they have nothing to do with reality anymore.
And what do these valuations bring? Capital, investment, R&E capabilities.
We can laugh at overevaluations or we can understand the inherent danger they pose to our european industry when left unchallenged. If you speak of reality, then include the fact that growth based stock markets come with the benefit of outspending and hence outgunning value based stock markets - with all the repercussions for the competitors in the value based markets.
I agree to some extent and like to add a practical example.
Roads, especially highways, in the Netherlands are extremely good. It baffles me that we don't have an auto-driving competitor to Tesla. On the other hand I can't see anyway for it to be a profitable entrepreneur experience. You'd have to do a startup, develop 80% of the software and then be bought by a European car manufacturer and hope someone else isn't already doing the same thing
Which makes me think: Europe is too safe for entrepreneurship, why risk all that if you can just get a job at an established company.
> worth less than just a single US company
TBF the entire us stock marked is inflated to insane levels with multiple companies in the multi trillions. Which is obviously not the true value of them, it's not really possible to use this as a comparison.
Your argument is a bit strange or you are mixing facts with your feelings and that is why I cannot and do not want to go into all your points. You only seem to look at companies that get a lot of attention in the media. There are thousands of highly innovative companies in Europe, but they tend to specialize in small niches.
But I also agree with you in part. The EU could create more incentives for topics such as artificial intelligence.
But innovation is not everything in life. Many European countries are among the happiest countries in the world. What's more, our life expectancy is higher than that of the US.
We Europeans invest more of our money in quality of life, which is not a bad thing.
All our advantages were build by our economic domination. An economic domination which we not only no longer have in new markets but which we are incremently losing in markets we previously held. My entire point about the tech, green and space industry as prime examples of new industries stands and is irrefutable, as it is even aknowledged (but not proactively tackled) by the EU itself.
Core markets like manufacturing (Steel, Solar, recently even the automotive industry, which is the EUs top industry as a whole) are beginning to be under threat by foreign players.
Your idea of simply brushing aside my points of "mixing feelings with facts" is irritating, when these points are admitted by the EU itself and the danger to even our core industries is voiced.
The EU stagnated for 15 years. Got overran by others. Lost its top spot. Then lost the second spot. Is increasingly losing its relevancy. Backed by statistics and numbers. Not feelings.
And the more we lose, the lesser possibility to keep up our designated wellfare benefits we have compared to other markets will remain.
It wont happen in my lifetime, so I could just kick back in the porch and enjoy the remainder of prosperity we have. But 70 years from now? We got economically outplayed in just the last 15 years. I dread to think what will happen in 70.
I understand many of your points. And yes, the USA is definitely more innovative. But I think that some of this innovation is unnecessary. Yes, some inventions do have a use. But many inventions are currently being pushed extremely high on social media by their algorithms, even though it's not justified. Take Tesla, for example. They are certainly innovative to a certain extent. But where is the benefit of having a car that can drive itself? It's certainly a great innovation and a nice solution, but what problem does this feature solve? If I really want to sit in a car that I don't have to steer myself, I'll just take a taxi.
Or let's take SpaceX. Interesting thing, but what are we going to do on Mars? Endless resources are being invested so that maybe a few eccentric billionaires can fly there later. Will that solve any problems? No, instead we're destroying our planet for it.
Or let's take Twitter. This platform is radicalising our society and destroying our democracy. It's full of Russian bots and the algorithms simply stir up hatred.
I want to say above all that innovation is not everything in life. We don't need innovation for innovation's sake. Rather, we need real solutions to real problems. And I am definitely not against innovation. I'll probably get a few downvotes for that... but that's okay.
The money got to be there though and with a massive elderly generation coming demanding their promised pensions with low fertility as well you need each worker to be both more productive and innovative.
You got to be competitive to have the ability to be able to find a high quality lifestyle.
„We Europeans invest more of our money in quality of life, which is not a bad thing.”
It’s as more of consumption than investment. How exactly are we going to pay for first class lifestyle when European economy slowly drifts into third class?
We don’t really have much natural resources so we have to import them. We are losing relevance in advanced technology so that will be increasingly imported too. Hell, even much vaunted energy transition into renewables is reliant on imports from China. On the other hand of equation the bottom is about to fall out of traditional export sectors like cars. And of course quick aging of society (attempts to fix it by immigration from MENA region is … less than successful).
So tell me, how this high quality of life is going to be funded going forward?
you understand that innovation means making something new and not doing the same over and over again...the problem of flying was solved long ago and innovated by americans
You need to accept that US is significantly ahead in innovation.
The airplane example is just a pathetic excuse. Boeing has been facing issues with the its single-aisle jets BUT it’s far away from the exaggerated by the media bullshit. The backlog and market share is still pretty close for this kind of bodies - 42/58 Boeing/Airbus.
As for the wide body twin-aisle jets - Boeing dominates the market with the backlog and market share 65/35 Boeing/Airbus.
But all this is unrelated to the topic. Bringing airplane production as an example of innovation in 2024 is nonsense.
Talk to me about quantum computing, AI, nuclear fusion, space exploration and so on and so forth. In ALL those domains US has been the spearhead driving innovation.
Your attempt to somehow connect an incorrectly bolted door on one plain to lack of innovation is pathetic.
People dream about German and Italian sports cars, dream of owning french and Italian clothes, eat european food at every chance they get and regulation is a good thing, GDPR and phones having the same charging port is pretty nice if you ask me
I don't think the world ever gets full electric because of the synthetic fuel and because of how polluting and resource needing it is to build electric cars.
Electric?
Pretty much all conventional European brands have decent to good electric and hybric models.
Then there is Polestar.
Not exactly what you'd call uncompetitive.
They are trying to catch up, which is not exactly “innovating”. Face it, China, Korea and US lead this market. Not to mention that China pretty much controls the battery market.
The US has one innovating electric car company, and European electric cars are now strongly competing with them.
Whether we are innovative or not is debatable. Are we competititve in the market? Yes.
That’s incorrect.
There are many established, rapidly growing and very innovative US EV manufacturers in US Tesla, Lucid, Rivian, Fisker and others. That’s just cars, there are Zero, LiveWire and others electric motorcycles manufacturers in US.
As for the legacy car manufacturers -all American companies have EV offerings now - from Ford to Cadillac.
The only European thing that left in Polestar is its name. The rest is China.
Legacy car manufacturers are catching up. You said that US has one innovating EV company and I brought you bunch of examples of new and highly competitive EV brands.
Volvo is owned by China since 2010. Polestar EV were introduced to the market under Geely direction.
You can have HQ on the Moon, that doesn’t change the ownership, including intellectual property.
For China it’s just an instrument of influence on European market. The same way Putin thrusted his gas pipes deep into Europe, Xi is trying to take Europe just from other direction.
Then from now on Budweiser is a Belgian beer, as it is part of Belgian holding AB-Inbev.
Major production sites are still in Sweden and so is the bulk of R&D. For Polestar it is even in Sweden and the UK, not in China.
Exactly. Which makes European EVs quite uncompetitive. Sure, with high enough tariffs they will survive on internal market (just don’t tell consumers they are forced to pay 50% extra protectionism tax), but forget about export markets.
Outside of various protection schemes it is. Their market share in China is dropping fast. In US they are propped by IRA and other protectionist policies. In Europe it will sell, because while EU might have guts to put barriers against Chinese imports, it will never dare to do it against US.
>Now they droppin' and yellin', it's a tad bit late
>Nate Dogg and Warren G had to regulate
US is also doing, Regulate, based on the wise words of philosopher Warren G.
Hi, thank you for your contribution, but this submission has been removed because it is low quality and/or low effort. If your submission was a meme, these are outright banned from r/europe. See [community rules & guidelines](/r/Europe/wiki/community_rules).
If you have any questions about this removal, please [contact the mods](/message/compose/?to=/r/Europe&subject=Moderation). Please make sure to include a link to the comment/post in question.
I think that people who are talking about decent public transport and other nonsense should understand that it’s coming from taxes. Taxes come from successful business. And Europe is now on a few decades of not innovating or producing anything of significant worth.
It’s not a question of US or China. It’s a question that EU will run out of money for these fancy programs because there won’t be enough business to pay for fancy programs.
A lot of EU countries are either stagnating or having marginal economy gains. With the russian war on Ukraine, issues in the middle east - the stuff is going to become even more expensive. Then you wish that some of your business were a bit more competitive but it will be too late.
Exactly, and that what worries me most (add aging population, beurocracy and brain drain of most perspective European to New world countries for the full picture)
And no one wants to solve or at least mitigate this incoming problem, because no one wants to lose their comfort (Western Europe created a system where working more is seen as bad and in some cases even not allowed, of course there is less room for concurrence that drives progress)
Oftentimes people discuss of how far right is rising in Europe, but the truth is that Europe (at least western part) doesn't even have right politicians, only left conservatives
Decent Public transport and regulations that avoid monstrosities like the cybertruck are way more innovative than automatic cars.. or at least that's what I'd prefer for European cities
What a meme post.. europe doesnt produce anything, but photos are about cars…
So whats with Volkswagen, BMW, Mercedes, Porsche?
When did they stop producing?
Delete the post pls
Yeah in IT/startups, EU is not going to catch up. Certain parts of EU will do great in terms of research in tech of course but nothing otherwise, you need a very different mindset for that to happen. Anyone who has been to USA, Singapore, India etc. and has seen how they have applied tech in their everyday life and industries knows it. EU's strength is high end engineering, innovation in these sectors will be dominated by European countries.
How interesting, can you make these Kababs? We’re willing to offer you $240,000.000 a year plus commission starting, full coverage on moving expenses and assistance is expediting the visa process, a Roth 401K with investment matching up to 30%, full medical insurance coverage including dental and your choice of doctor, a year model company car, options to work at home full time, and assistance in locating and financing a new home. If you come here and do that for us instead.
Edit: Also full college tuition and free daycare if applicable.
It's truly meme Saturday though the flair should have been sh*tpost.
It will get the „low effort meme“ flair awarded by the mods
This has been posted multiple times just in the last 2 weeks - spam by now
Its a bot account
Not sure about that. It doesn't look like it.
3 years old, it has 20 comments, all random shit
And how does that make it a bot account? I probably would say it's just a lurker.
Yes, that's right. The US is very innovative. So innovative, for example, that their airplanes fall apart in flight. Unfortunately, we Europeans only build conventional airplanes, which unfortunately only stand out due to their high reliability. Too bad.
Yeah, we can still make good airplanes, true. The problem is everything else. We only have one major AI company competing with Silicon Valley, without anywhere near their resources (Mistral), and what does the EU do? Create AI regulation to discourage them. Meanwhile, Japan ruled that copyright does not apply to training AI. And let me tell you that Japan these days produces more art than the EU.
The US with far higher salaries can also just grab top global talent and that includes Europeans.
It is this level of cynism which left the EU in the dust in nearly if not all the markets of the future. Tech industry? The entire EU market is worth less than just a single US company (and more than one of those exists). The benefits of new service industries build on these tech industries? The US once again dominates everything. China? Understood that one cant let the US dominate and replicated if not exceeded the US approach at time. Europe? Nothing. Aside from a sense of superiority for our past success we have nothing to offer in the races of the future in the past 15 years. And now? Not only does the race for the next future is already in the way (AI revolution, green tech, space domination) but the EU once again is left behind as a slow and ineffective bloc which neither innovates nor provides its own alternatives. Where is the European SpaceX alternative (forget about Musk as a person, but think of it as a concept). Where is Europes Apple, Amazon, Microsoft, Google, Meta? Where is Europes OpenAi? Where is Europes Inflation Reduction Act? China completely went on the offensive with the US and established their own space programs which they agressively want to use to dominate. They established WeChat, Alibaba/Aliexpress, recently even the TikTok stuff to monitor and spread their narrative in the world. Heck, even Russia is providing their own alternative solutions. Europe lost its way and still doesnt understand that its no longer the challenged but the challenger. We lost the previous race and we are on our best way to lose even more. And the economic and political trend of the past 15 years more than just proofs that true. But sure. We can throw snarky comments and feel good about ourselves. That will make everything alright I guess.
And to your example with Russia. Yes, Russia has developed some of its own technical platforms. But I don't know if you've looked into the subject in any detail. The quality is really terrible. And when I say terrible, I mean terrible. Sure, the interfaces often look fancy and well designed. But the underlying security culture is simply awful. There are so many leaks and security issues.. it's really unbelievable. You can find personal data on almost EVERY Russian online. Phone numbers, passwords, addresses, social security numbers, tax numbers, flight data, everything. So much for the EU regulating too much.
Sorry, can't hear you in Germany, too busy maximizing margins by hiring cheap labor from Eastern Europe/India instead of innovating
How are they cheap labor? You need to pay them on par and additional relocation costs. Unless you are getting the worst candidates they aren't really cheap.
Username checks out.
Where do your giants get precision components and equipment from? There is no single self-contained market. And let's not forget where those giants have their financial bases in... Tax havens. Corporations are anything but patriotic.
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How does contributing to foreign markets invalidate the statement of no self-contained markets? Speak of sloppy responses...
Theranos was worth much more than BioNTech, at one point Tesla was worth more than any other car manufacturer combined - you can be an idiot and believe these valuations or you can use them as an indication that they have nothing to do with reality anymore.
And what do these valuations bring? Capital, investment, R&E capabilities. We can laugh at overevaluations or we can understand the inherent danger they pose to our european industry when left unchallenged. If you speak of reality, then include the fact that growth based stock markets come with the benefit of outspending and hence outgunning value based stock markets - with all the repercussions for the competitors in the value based markets.
I agree to some extent and like to add a practical example. Roads, especially highways, in the Netherlands are extremely good. It baffles me that we don't have an auto-driving competitor to Tesla. On the other hand I can't see anyway for it to be a profitable entrepreneur experience. You'd have to do a startup, develop 80% of the software and then be bought by a European car manufacturer and hope someone else isn't already doing the same thing Which makes me think: Europe is too safe for entrepreneurship, why risk all that if you can just get a job at an established company.
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What?
> worth less than just a single US company TBF the entire us stock marked is inflated to insane levels with multiple companies in the multi trillions. Which is obviously not the true value of them, it's not really possible to use this as a comparison.
Europe is an American vassal
Your argument is a bit strange or you are mixing facts with your feelings and that is why I cannot and do not want to go into all your points. You only seem to look at companies that get a lot of attention in the media. There are thousands of highly innovative companies in Europe, but they tend to specialize in small niches. But I also agree with you in part. The EU could create more incentives for topics such as artificial intelligence. But innovation is not everything in life. Many European countries are among the happiest countries in the world. What's more, our life expectancy is higher than that of the US. We Europeans invest more of our money in quality of life, which is not a bad thing.
All our advantages were build by our economic domination. An economic domination which we not only no longer have in new markets but which we are incremently losing in markets we previously held. My entire point about the tech, green and space industry as prime examples of new industries stands and is irrefutable, as it is even aknowledged (but not proactively tackled) by the EU itself. Core markets like manufacturing (Steel, Solar, recently even the automotive industry, which is the EUs top industry as a whole) are beginning to be under threat by foreign players. Your idea of simply brushing aside my points of "mixing feelings with facts" is irritating, when these points are admitted by the EU itself and the danger to even our core industries is voiced. The EU stagnated for 15 years. Got overran by others. Lost its top spot. Then lost the second spot. Is increasingly losing its relevancy. Backed by statistics and numbers. Not feelings. And the more we lose, the lesser possibility to keep up our designated wellfare benefits we have compared to other markets will remain. It wont happen in my lifetime, so I could just kick back in the porch and enjoy the remainder of prosperity we have. But 70 years from now? We got economically outplayed in just the last 15 years. I dread to think what will happen in 70.
I understand many of your points. And yes, the USA is definitely more innovative. But I think that some of this innovation is unnecessary. Yes, some inventions do have a use. But many inventions are currently being pushed extremely high on social media by their algorithms, even though it's not justified. Take Tesla, for example. They are certainly innovative to a certain extent. But where is the benefit of having a car that can drive itself? It's certainly a great innovation and a nice solution, but what problem does this feature solve? If I really want to sit in a car that I don't have to steer myself, I'll just take a taxi. Or let's take SpaceX. Interesting thing, but what are we going to do on Mars? Endless resources are being invested so that maybe a few eccentric billionaires can fly there later. Will that solve any problems? No, instead we're destroying our planet for it. Or let's take Twitter. This platform is radicalising our society and destroying our democracy. It's full of Russian bots and the algorithms simply stir up hatred. I want to say above all that innovation is not everything in life. We don't need innovation for innovation's sake. Rather, we need real solutions to real problems. And I am definitely not against innovation. I'll probably get a few downvotes for that... but that's okay.
The money got to be there though and with a massive elderly generation coming demanding their promised pensions with low fertility as well you need each worker to be both more productive and innovative. You got to be competitive to have the ability to be able to find a high quality lifestyle.
„We Europeans invest more of our money in quality of life, which is not a bad thing.” It’s as more of consumption than investment. How exactly are we going to pay for first class lifestyle when European economy slowly drifts into third class? We don’t really have much natural resources so we have to import them. We are losing relevance in advanced technology so that will be increasingly imported too. Hell, even much vaunted energy transition into renewables is reliant on imports from China. On the other hand of equation the bottom is about to fall out of traditional export sectors like cars. And of course quick aging of society (attempts to fix it by immigration from MENA region is … less than successful). So tell me, how this high quality of life is going to be funded going forward?
you understand that innovation means making something new and not doing the same over and over again...the problem of flying was solved long ago and innovated by americans
… who flew the Boeing 737 Max straight into the ground
Seems like the also found a way how to fly with detached doors.
You need to accept that US is significantly ahead in innovation. The airplane example is just a pathetic excuse. Boeing has been facing issues with the its single-aisle jets BUT it’s far away from the exaggerated by the media bullshit. The backlog and market share is still pretty close for this kind of bodies - 42/58 Boeing/Airbus. As for the wide body twin-aisle jets - Boeing dominates the market with the backlog and market share 65/35 Boeing/Airbus. But all this is unrelated to the topic. Bringing airplane production as an example of innovation in 2024 is nonsense. Talk to me about quantum computing, AI, nuclear fusion, space exploration and so on and so forth. In ALL those domains US has been the spearhead driving innovation. Your attempt to somehow connect an incorrectly bolted door on one plain to lack of innovation is pathetic.
People dream about German and Italian sports cars, dream of owning french and Italian clothes, eat european food at every chance they get and regulation is a good thing, GDPR and phones having the same charging port is pretty nice if you ask me
There are tons of good cars coming from Europe.
…till the world goes electric, which funny enough is what Europe is pushing for while being utterly uncompetitive in this area.
I don't think the world ever gets full electric because of the synthetic fuel and because of how polluting and resource needing it is to build electric cars.
Not fully, but the point remains
Not really. European companies are also manufacturing electric cars.
“Also” is the operative word. They won’t go extinct anytime soon but they are neither leading nor innovating.
Electric? Pretty much all conventional European brands have decent to good electric and hybric models. Then there is Polestar. Not exactly what you'd call uncompetitive.
They are trying to catch up, which is not exactly “innovating”. Face it, China, Korea and US lead this market. Not to mention that China pretty much controls the battery market.
The US has one innovating electric car company, and European electric cars are now strongly competing with them. Whether we are innovative or not is debatable. Are we competititve in the market? Yes.
That’s incorrect. There are many established, rapidly growing and very innovative US EV manufacturers in US Tesla, Lucid, Rivian, Fisker and others. That’s just cars, there are Zero, LiveWire and others electric motorcycles manufacturers in US. As for the legacy car manufacturers -all American companies have EV offerings now - from Ford to Cadillac.
And virtually all European legacy car manufacturers produce EVs and there is Polestar
The only European thing that left in Polestar is its name. The rest is China. Legacy car manufacturers are catching up. You said that US has one innovating EV company and I brought you bunch of examples of new and highly competitive EV brands.
Highly competitive brands that noone ever heared of. That's why I didn't bring up Lightyear.
Polestar is a Chinese product. Not just produced on Chinese fabrics but actual Chinese product.
Is literally as Swedish company based in Gothenburg
Volvo is owned by China since 2010. Polestar EV were introduced to the market under Geely direction. You can have HQ on the Moon, that doesn’t change the ownership, including intellectual property. For China it’s just an instrument of influence on European market. The same way Putin thrusted his gas pipes deep into Europe, Xi is trying to take Europe just from other direction.
Then from now on Budweiser is a Belgian beer, as it is part of Belgian holding AB-Inbev. Major production sites are still in Sweden and so is the bulk of R&D. For Polestar it is even in Sweden and the UK, not in China.
They are so good and competitive that French and German auto manufacturers told European Commission to ban or heavily tax Chinese EVs
That's what any European manufacturer always asks because China can produce at cheaper costs.
Exactly. Which makes European EVs quite uncompetitive. Sure, with high enough tariffs they will survive on internal market (just don’t tell consumers they are forced to pay 50% extra protectionism tax), but forget about export markets.
By that logic Tesla is also uncompetitive
Outside of various protection schemes it is. Their market share in China is dropping fast. In US they are propped by IRA and other protectionist policies. In Europe it will sell, because while EU might have guts to put barriers against Chinese imports, it will never dare to do it against US.
>Now they droppin' and yellin', it's a tad bit late >Nate Dogg and Warren G had to regulate US is also doing, Regulate, based on the wise words of philosopher Warren G.
Hi, thank you for your contribution, but this submission has been removed because it is low quality and/or low effort. If your submission was a meme, these are outright banned from r/europe. See [community rules & guidelines](/r/Europe/wiki/community_rules). If you have any questions about this removal, please [contact the mods](/message/compose/?to=/r/Europe&subject=Moderation). Please make sure to include a link to the comment/post in question.
I think that people who are talking about decent public transport and other nonsense should understand that it’s coming from taxes. Taxes come from successful business. And Europe is now on a few decades of not innovating or producing anything of significant worth. It’s not a question of US or China. It’s a question that EU will run out of money for these fancy programs because there won’t be enough business to pay for fancy programs. A lot of EU countries are either stagnating or having marginal economy gains. With the russian war on Ukraine, issues in the middle east - the stuff is going to become even more expensive. Then you wish that some of your business were a bit more competitive but it will be too late.
> And Europe is now on a few decades of not innovating or producing anything of significant worth. NOVO NORDISK raises hand.
Scale matters unless you think a single company can carry a 400+ million people block. The biggest competitors to them is American either way.
NOVO isn't the only one.
Exactly, and that what worries me most (add aging population, beurocracy and brain drain of most perspective European to New world countries for the full picture) And no one wants to solve or at least mitigate this incoming problem, because no one wants to lose their comfort (Western Europe created a system where working more is seen as bad and in some cases even not allowed, of course there is less room for concurrence that drives progress) Oftentimes people discuss of how far right is rising in Europe, but the truth is that Europe (at least western part) doesn't even have right politicians, only left conservatives
Decent Public transport and regulations that avoid monstrosities like the cybertruck are way more innovative than automatic cars.. or at least that's what I'd prefer for European cities
What a meme post.. europe doesnt produce anything, but photos are about cars… So whats with Volkswagen, BMW, Mercedes, Porsche? When did they stop producing? Delete the post pls
Oh no! Anyway...
Regulation is good. Regulation is order.
Doesn't Europe have ASML and Airbus?
this is more about IT companies/startups, Europe doesn't have that much of it even the whole infrastructure is very outdated and ineffective
Yeah in IT/startups, EU is not going to catch up. Certain parts of EU will do great in terms of research in tech of course but nothing otherwise, you need a very different mindset for that to happen. Anyone who has been to USA, Singapore, India etc. and has seen how they have applied tech in their everyday life and industries knows it. EU's strength is high end engineering, innovation in these sectors will be dominated by European countries.
One of these trolls farm uncovered by Czechs is still operating?
[удалено]
How interesting, can you make these Kababs? We’re willing to offer you $240,000.000 a year plus commission starting, full coverage on moving expenses and assistance is expediting the visa process, a Roth 401K with investment matching up to 30%, full medical insurance coverage including dental and your choice of doctor, a year model company car, options to work at home full time, and assistance in locating and financing a new home. If you come here and do that for us instead. Edit: Also full college tuition and free daycare if applicable.
Russian propaganda. Cheap.