It is unrelated to technological innovation (in the short run). I expect the same result in US. Europe is not united enough to have a separate from US opinion.
It may sound funny to read, especially if you're an American, but I do still see America as the city upon the hill. I've lived in America, and I'm currently in (sigh) Europe, but I wish to return to that shining city in the future. It may also sound even funnier to read, but I probably love America more than a surprising amount of Americans (not a dig directed to any obvious or non-obvious group within the country currently), even though I wasn't born there. The US has just left a huge impression on me.