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Comment by saubeidl | Hacker News Reader

But the world's largest market of wealthy customers does.

Might still be a problem.

The EU represents about 24% of the global Saas market for example. (95 billion in 2024 / global SaaS market in 2025 is ~ $408 billion). For comparison, North America leads globally at around 43-50% market share)

The EU represents around 500 million wealthy consumers compared to the US's around 300.

Yeah, which is why the EU has a much larger GDP. Global companies make significantly more revenue in the EU than in the US. And of course the EU economy is growing much faster than the US and doesn’t face any demographic headwinds.

Oh, wait.

That is completely orthogonal to my point.

You can only sell so many iPhones in the US until the market is completely saturated. A market of twice as many people that can afford them sure is tempting.

maybe it’d be cool if this EU market with all these people can find a few smart ones to gang up together and form a company that serves EU people and complies with whatever EU dreams up on any given day - boom - problem solved :)

It's quite amazing how arrogant Americans are despite being a thing for like 10 generations, and how brainwashed they are into believing regulations are bad, to the point of being borderline enraged by the fact that the EU exists. You might want to open a few history books, or books in general, and look up the history of your all American inventions

cool mate, you should then enjoy your inventions and ingenuity from Greek Gods and stuff and maybe read a book or two on AI by Plato :-) Too funny (and I am European)

Clearly nothing happened in Europe between plato and 2025...

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