But let's assume for a second that the only relevant companies are US-based. A lot of them also hire in other countries and it is my understanding that compensation isn't what it is in the US either.
But let's assume for a second that the only relevant companies are US-based. A lot of them also hire in other countries and it is my understanding that compensation isn't what it is in the US either.
American companies also have offices all over the world. For example, Google have several offices in Africa. This does however not mean that Ghana has a booming tech industry, it just means that sometimes you need domestic offices for minor regulatory reasons.
DeepMind was also founded in the UK and later bought by Google. Their HQ remains in London.
DeepL, who are providing a much better translation product than Google or Microsoft by many accounts, are a German company.
Spotify, which I'm sure needs no explanation, is a Swedish company.
While it is certainly true that the US pays better, I think you need to re-evaluate your position that noone else is creating good or valuable products.
I’m not 100% sure - I have less insight into this.