We Europeans need to wake up. Big tech companies in the US (and soon China) are practically robbing us at this point.
The neoliberal dogma that tariffs and trade barriers are bad is economical suicide for Europe.
The neoliberal dogma that tariffs and trade barriers are bad is economical suicide for Europe.
With iPhone and Mac they control critical choke points in a crowded market, where all the choke points are now taken by large and powerful incumbents.
Europe cannot deregulate it's way into success. In fact I'd say asleep-at-the wheel regulators and anti-trust are what got us into the mess of few real choices and luxury taxes for mediocre offerings.
It's not how successful tech economies like Korea developed either. They used industrial policy and export discipline.
Europe can't develop more tech companies because it doesn't have enough financing options and because you're passing 100000 cookie popup laws.
https://www.ndtv.com/world-news/why-google-and-amazon-are-st...
That’s suppose to be for “worker protection”. But the average senior enterprise CRUD developer[1], in the US makes more than many BigTech workers in the EU. I’ll take the tradeoff of more money over being laid off any day.
VC funding has also traditionally been lower because of regulations
https://www.maxio.com/blog/state-of-vc-funding-in-europe
[1] no offense intended. That’s what I was for decades and I still turn back into a an enterprise dev pumpkin if you take AWS away from me.
And regarding those protections, they're there for a reason and in terms of hardware it truly is a race to the bottom, hardware is only made in low cost of living places because workers can be abused at will.
For software I'd argue that it was the unified market in the US (and now China) that's the real deal breaker.
Plus VC capital, but I think that's changing.
I would much rather get an offer for $250K a year, get laid off in two years than not be able to get a job or even get a job for $100K a year and have job security.