1. EU was slowly doing this in some tech industries and its really going to pick up speed
2. They don't have to replace a lot of US tech before the economic impact compounds to effect the US.
2. They don't have to replace a lot of US tech before the economic impact compounds to effect the US.
https://www.heartaerospace.com/newsroom/heart-aerospace-relo...
These are political and societal issues that are very difficult to solve. Not to mention that energy insecurity and cost makes Europe non-competitive from the outset.
If this was a US vs EU thing, I would love to hear a US tech giant that isn't in Silicon Valley or Seattle.
Fact is, even in US, no other city was able to replicate that success. For example, there would be no point to move your startup from EU to New York for example.
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Cisco — Research Triangle Park (Raleigh), NC
Dell — Round Rock, Texas
Epic Games — Cary, NC
HP — Houston, Texas
IBM — Armonk, New York
Lenovo — Morrisville, NC
Oracle — Austin, Texas
Redhat — Raleigh, NC
SAS Institute — Cary, NC
Tesla — Austin, Texas
Lots and lots of US tech giants are not in Silicon Valley or Seattle. In fact, Texas, North Carolina, New York, Georgia, and Virginia have huge hubs of tech giants - especially the Research Triangle Park in NC.
Notably several entries on your list are companies that were founded and grew successful before moving to the locations you listed, often for tax breaks and/or to fit the politics of the company executives. Aside from Dell, all the companies you listed as being located in Texas became successful elsewhere first. Texas has proved it can lure in already successful companies more than it has demonstrated it can grow them.
Which is itself a legitimate achievement, but if the question is how you grow new successful tech companies, it's not a super useful data point especially if we're taking about different countries. There are relatively few barriers for a company that grew up and became successful in the environment of Silicon Valley to move to Austin with the promise of lower taxes, but Europe can't quite replicate that same migratory model to grown their own tech industry.
Tesla clearly is a "tech giant", and it started in Silicon Valley by the way.
And, no, we are not ignorant to the fact Europe does not have tech companies. No one said that, but you seem to have a real axe to grind against the US. I suggest you step outside and touch some grass.
BTW: I have traveled all over the EU and one thing holds true: folks there are the most arrogant and condescending people I have ever met. And your remarks proves the point once again. They are truly unapproachable. They do not smile and they refuse to acknowledge each other when grocery shopping, walking on the sidewalks, riding on the bus/train - essentially in any public space. It must be absolutely depressing to live in such a culture all the time.
Edit: I see you removed your nasty comment: "Are Americans really that ignorant that they think Europeans don't have tech companies the size of Redhat". Why?