great vid mate

Glad you liked it!

TechAltar plz do a analysis of India technology ecosystem too, for example high-speed internet with very cheap rates that have been brought up by JIO,huge investment by Xiaomi, Samsung and obviously by Google and the recent push of 5 billion dollar by Amazon.Even for One plus India is a very huge and important market as as shown by there huge sales.Also Indian tech companies like Flipkart which is fighting Amazon,Ola which is fighting Uber. And so many tech cities like Bangalore, Hyderabad, Chennai etc. What is your opinion in this whole big mess of investment and competition between American, Chinese and Indian companies??

Look at Allview

Why did you forget about Russia? It has a lot of successful Russian companies. They are not global, but they dominate Russian market. Chinese software is also only popular in China, but you mentioned it. There are some globally successful too, like Kaspersky.

Kamil Lenica others I don't know, but Ericsson is now surviving at patents. You could use some some fact check instead of "feel-like" statements

yes rnd is a fair way to control a market

As far I know, backbone for mobile operators is Huawei in Czech Republic for quite a long time (before brand was well known for making phones).

those companies can be replaced easily but you can't replace companies like google and microsoft. companies like nokia and ericsson are living off of past glory, their patents are getting old and they're not producing new ones like they used to. nokia at one point had more marketshare than samsung and apple combined.

Yup, whole industry automation sits on European products and solutions. Consumer products are only the very end of technology, let's not forget about that. All those consumer products are made on machines with Siemens, Festo, Rexroth, Schneider, IGUS, KUKA, ABB components. The only competition may be from Japanese companies mainly in robotics.

@Tactical Exosuit *debt

It's true, credit card debt in the US & Canada is through the roof. And if you don't have that, you probably have student loan debt. Even I've never owned a credit card in my life and I've still been paying college debt for years.

Consumerism is like retirement. The next stage is death. Once a nation loses its ability to produce, stick a fork in it.

The Dollar Guy I've seen you around on other videos, you're one of my favorite commenters 👍

Thanks Dr Megaman. I remember you as well. Google is wanting to employ the same trust counter mechanism they have in China here in the USA. Alex Jones exposed this, so they canned his ass and blamed some school shooting crap that passed years ago. Apple now admits they have this counter, but use it only for internal purposes. Yeah..... I bet. The trust counter determines if you are a "good citizen" by analyzing websites visited, email data and purchases made. If your counter is too high, then officials will arrive to assist you in exhibiting proper behavior. Biggest brother nightmare situation developing right before our eyes. China is poised to be the new world superpower and the Silicon Valley Socialist Sellouts are all on board. You cannot buy or sell without the Mark of the Beast.

You are as dumb as language teachers are 😂😂

You teach English... Ummm Either my English is bad or yours

Seriously, Taxes and Government regulations are irritating. You are not allowed to experiment with many new Ideas for the European market. You have millions of regulations and dumb taxes that doesn't make sense.

@@pearlharbor7989 9

The only way by which you can effectively redistribute wealth, is by destroying the incentives to have wealth. and if there is no incentive to have wealth, say goodbye to innovation, productivity, progress and welcome to Dark Ages 2.0.

Greetings from Romania my EU brothers

Greatings from czech republic my eu brothers :)

Greetings from England my E...arth brothers ?

Mama mia

FIAT-FCA? ST Microelectronics? ENEL (One of the biggest energy companies in the world...)? ENI? Piaggio (who builds engines and parts for aviation and space...) not to speak about many many others... The problem in Italy is that the money ends up in accounts in Lichtenstein, Belize and so on... Maybe if we avoid electing Berlusconi next time we still have some hope for a better future

@@ingframin ST Microelectronics headquarter is in Switzerland and Amsterdam.

this is it lies, you have traffic shaping..

Lol ur profile picture is cancer

+this is it Benefit of having the top three ranked internet exchange points on Earth so much for having no infrastructure I guess huh? en.wikipedia.org/wiki/List_of_Internet_exchange_points_by_size the European tendency to open internet exchanges which draw huge numbers of providers together proved to be a better strategy by far than the carrier owned exchange points in the US.

dar0 thoes are nvidia titen xp star wars edition

In Romania we have 4g internet speed in almost every city...

Do you not know the difference between the eu an Europe? fucking idiot

europe IS doomed. right now it has the know how. that's literally the only thing europe has. if asia catches up europe will be insignificant. europe was way too wealthy in the last few decades by profiting from underdeveloped countries and it still does it. it will all fall apart in the next few decades.

@shurednichso South Korea is not socialist at all and China have left the commie Socialist club at the beginning of 1990s. China just have an authoritarian government but nearly all means of production in Korea and most of it in China belongs to people/ businesses and not the government.

@@nicktaylor5264 How is capitalism is fucked when you are using its products and services to bash it?🤣 Do you even know the difference between "free market" and Capitalism. The latter just means that the means of production is left to people. If you have a land or oven , these are means of production (cuz you can make grain and bread). If government leave it to people and those who pgain from making these products can keep the proceeds. Then that is capitalism. Free market is a bit confused. Its place where people can but and sell the products and services they produced. We have regulated markets but not free from safety regulations. However it's understood today that it links to capitalism by letting people produce what they market wants, at the quantity the market needs and the prices it can bear. Now the commentator you were responding to is a nuts. He should explain and not insult. Thanks for reading.

# @Heather Larson: Well, if China gets ahead in technology, Europe can at least become a tourist location for chinese tourists interested in ancient temples or medieval castles. The US however will not have that option, as there are hardly any buildings older than 150 years. Just saying...

Same

It was originally a French brand that had 2 businesses: phones and network equipment. The smartphone brand was sold to TCL, a Chinese company, and the network equipment business was sold to Nokia.

Thank you very much for the reply!! I think you're the first UKpostsr to reply to my comment (not that I comment that much anyway). Keep doing your videos. I love it!

I have a alcatel pad and its quite good,

Alcatel makes some of the worst phones i have ever used.

lmao truth .... alcatel is selling rebranded chinese sht

You mean Germany not Europe

ABB, Schneider, Exor, BAE aren't German companies, Airbus is only partially German.

So what? America has plenty of industrial and engineering firms (General Electric, AECOM, Catepillar) Automotive (Tesla, GM, Ford), Chemical (DowDuPont), Aerospace (Boeing), Defense (Lockheed Martin, Northrup Grumman, Raytheon, General Dynamics)

oditeomnes Don't forget about Electrolux. Oh and 40% of all mobile traffic runs through a Ericsson network.

+Magnus Friberg Electrolux is ranked third behind American appliance manufacturer Whirlpool and Chinese company Haier. American Cisco Systems is the largest networking company in the world.

@ZEPHER070 He talked about INDUSTRIAL tech and your mind is still focused on shit individuals buy. Are you sure you're not the one who's affected by incest? God I envy the unearned confidence of morons like you. Absolutely brain dead yet so sure of yourself.

You know in the Netherlands the heavy machineries they use to produce large cargo ships are designed and produced by Chinese SOEs...

I love my Logitech thumb-driven trackball. I've used one since they first made them back in the 90's. The only reason to replace them (Other than theft or massive damage) is because technology on connectivity leaves them behind (like, no PS2 connectors available anymore). They are durable and perform better than any mouse.

Heimrich Gundesalf I'd love my trackball even more if the clickers didn't stick. :/

Logitech product are made in China tho, even i doubt their R&D team in europe.

Most tech is made in China, the same city even. All major companies produce their devices in Asia.

The video mentioned that Europe is good in speciality. Logitech and the likes are specialized in a specific area.

That's true. Also the fact, that he is hungarian makes me even more happy (I'm hungarian too).

Így így...

So thrue.

Priyavrat Gupta yeah!😍😍😍😍😉

He cherry picks the topics that he works on. And he spends quality time in research. So this pace is fine.

Christopher Fernandes Agree. Its more valuable this way.

Everything that is related to climate change and green energy.

Uzer Naim the same for cameras.

i own quite a pricey sennheiser headphone and damn its good.. off topic comment: cars are dominated by Germany (im not german)

Domi 430 in the car sector we have a lot of giants.

I really like sennheizer products

Uzer Naim Yep, Europeans make best audio systems in the world Sennheiser, B&O, Burmester, B&W and many more

If you just talk about consumer product suppliers yes. But for actually industry Europe is a very attractive, company friendly and successful place.

the fuck are you talking about europe has the highest rate of anti-depressant usage and suicide.

@@deprogramm no?

@@deprogramm when you would do research, you would know that the most depressed people life in the USA, China and India Here if you wanna know why www.usnews.com/news/best-countries/articles/2018-07-02/why-are-suicide-rates-rising-in-the-us-while-falling-in-most-of-europe

How do you know the population is happier in Europe? I think you've been swallowing a bunch of propaganda. Nobody has ever asked people 'how happy are you?' and compared them between Europe and America. I've seen 'happiness index' and its full of bias and assumptions to say the least. North Koreans who defect to South Korea say that people in North Korea are very happy. They are worked like dogs and told lies and propaganda but that doesn't stop them from being happy. So to say that people in Europe are happier is an all around nonsensical statement.

Sap products really suck from an end user prospective

(some) of their software is garbage

sap are u kidding me XD they fing struggle right now cause there is freeway competition right now

It's said when a company survives implementing SAP, it survives everything.

SAP is done by Indian consultancies like wipro or tcs

Yellow Gaming exactly.

POINTLESS GUY both equally likely,if they become highly regulated they might lose significance

Does anyone from Google still care about youtube or is an autistic dog doing design for youtube now? I know that, but I want to know how the technology behind cryptocurrencies(the blockchain technology) will mature.

Tarek Midani it depends on the country. It's pretty easy to fire someone in the nordics or in the UK

yeah but it sucks for the people, do u want to get fired instandly? this law is the reason why there is so little poverty in germany in comparison to chins and usa

T0ghar I rather buy games from Ubisoft than EA OR Activision. That's for sure.

Havok (the physics engine most games use) is also from Europe (Ireland)

Siemens just moved away from mobiles.. into way larger industries... I don't get why ignorant people talk about topics they don't know... mobile phones were like a pet project to siemens. Or do average people think telecommunications only means mobile phones? Rofl... i give up on humanity...

Yes, and industry power is one of their highlights - as far as I know(not from personal experience) on the main building of Siemens there is a sign that goes like "The safety if your entire system is only as reliable as your power supply" xD As far as I've seen there hasn't bin a better company than Siemens(and even they screw up from time to time ^_^ )

Also CCP( EVE Online) Iceland , regarding games

Paul Langford What the fuck are you saying!!! M8 that's not a good thing. It's like the Arabs that sell their cotton to Europe so that they get sold their cotton back but as cloths for over triple the price. The right thing to do would have to be using the equipment that they manufacture to actually make their own products.

The Kemitian You are incorrect. Production equipment has to be of the highest quality and is very hard to produce and is therefore very expensive. This is a lot better than producing consumer products with low quality and therefore a low price.

Let alone car industry , aviation etc. Companies like VW and airbus are huge.

You logic could go both way, what would those manufacturing companies do without buyers like China. So it's true that without the manufacturing equipment from Europe, China/Asia will grind to a standstill, its also true that without Asian buyers, Europes economy would crash on varying magnitude. It's a ecosystem. Not exactly a leverage. And on top, that has nothing to do with the point of the video. It's about Teach companies which now a days implies computer technology. So although Airbus and Automobile manufacturers can be considered "tech" companies, they weren't considered here.

Exactly. I would rather have VW, Mercedes, Renault, BMW or Airbus that employ hundreds of thousands of people then a fucking startup company that's worth billions of $ 3 weeks after it was concieved and has 100 employees. Fuck that. VW has more employees and feds more families then all the tech giants combined.

They're still small but on the other hand, expanding rapidly since they are not paying their shareholders. But the real reason why this company might become a giant is that its founder will likely never sell.

There is also ASML, which is home grown in Europe and dominates the global lithography market >67%. (Machines to make among others, processors.)

I was just going to comment that! I totally agree with you. Even tho it's getting more on Canada's market to be honest (if we also look at their child-companies, such as SoYouStart and KimSurfi). And tbh, when I will need an extra VPS I will rent it right there, not on some Amazon or anything like that, because I feel more secure with their infrastructure. And i don't really know what Amazon would do to my service if I would get a 12GB DDoS attack when having on their network :P I mean... They would probably just block the IP for some time.

ARM was sold to Softbank last year, so while it's still based in Britain, expect asset stripping.

And now it’s going to be sold to American Nvidia

But that is not the point of this video, sure , mechanical products and other old industries are alive and well in Europe The first car was built in the 1880s , and even though its much more evolved , the basic concept is still the same But all new tech fields , areas with a much more rapid rate of innovation, are nowhere to be seen in Europe

There used to be a golden age of british gaming developers.

+++Mafia 2k Czech, Romanian Silent Hunter series, most Ubisoft's talent is from Romania, Garry's mod, dota, cdprojektred

He said in the video that he was generalizing. Also I don't think Germany serves as a good example for Europe because Germany clearly has better workers with better work ethic and any country in Europe. You have to understand that "Europe" includes France where they want tons of vacation time and tax the crap out of you. Europes "growth" years are behind them.

Joseph Harris Germany has strong Unions, 4 week holidays are common and Germany has according to some mesures the highest tax burden in the world

germany is a bit oustanding of all the european countries and you have to suggest that if you speak about europe. without germany's quality-work in machine-engeneering, a lot of companies in china or the usa wouldn't be where they are now. a missing logo of a german company doesn't mean there is no german work in it.

Yeah its true that the countries in the EU are really different. But I chose to use Germany as an example since I'm living in germany so I know more about the situation here.

MoVo1999 But how does that relate to the fact that Europe doesn't have any big Tech companies left? All you see are either US products or products from some Asian country. True, France Germany Sweden still have some "Mechanical Techs" left behind, but how about other stuff like AI and robotics? it's all offshored to US or Japanese companies..

that will save the economy

"that will save the economy" Huh, TIL, the economy is in dire situations...

Excuse me but an extremely big percentage of keyboards are membrane.

Not just Cherry Bosch Sennheisser beQuiet! Metabo Adidas Puma And thats only Germany... Maybe not in Technology but in other things we are superior...

Europe has the best fashion tho

don't forget ASML which basically makes all the chip manufacturing facilities for all mayor chip companies. we do have tech. it's just not consumer tech.

He also totally forgot SAP...

新一工藤 fuck you

its a pretty flat perspective that techaltar is having there. infrastructure is a big thing in europe, mobile carriers from europe provide across the world. Fuck SAP, only working technology counts

Or Irish companies like Johnson Controls and GlenDimplex

USA has been with Unlimited Data in the past 2 years now.

In Estonia literally the whole country is covered with 4G.

Tauras TVs and displays are utter garbage

I knew there was going to be at least one dumb comment. If you're really Japanese, have fun with your karoushi.

toaritok, I don't believe those are directly related. Yeah it might influence it but look at Germany for example. They have rather strict labour laws and are currently experiencing all-time low unemployment numbers.

Your shitty communist ideas will eventually turn your countries into third world countries.

That’s the typical beta mentality of Europeans, and he reason why Europe is dull and boring from an economic vantage point. You can’t achieve anything impressive without taking the risk and playing hard, even if playing hard entails running over the line between what’s moral and what’s immoral a few times. No wonder your best and brightest run to America as soon as they can. No one except a total sucker would stay and work for €4,000 a month when they could be making $250,000 a year in America.

You do realize that these countries (Greece, Spain and Italy) you have mentioned have worse labor protection and the more loose regulation than even the US right? The least unemployment you will find actually in countries with very strict labor laws. Germany, The Netherlands, Sweden and so on.

Small companies like that don’t matter all that much. The biggest tech corporations in Europe can’t even compare with the biggest non-European ones. Neither AVG nor Avast bring in much revenue. They don’t even break a billion. Europe has plenty of companies like that, but they need a Facebook or an Apple. One company that’s worth more than each and every European tech company combined.

well at least in consumer focus tech yep, but behind the scenes there are some big players.

Avira and Kaspersky are also European. Looks like we Europeans take viruses really seriously.

And Taiwan HTC, TSMC. Not mentioning the Americans...

xealit Taiwan is a part of China,remember that.

taiwan is taiwan, what's wrong with you chinese people

Sch Ng You should remember the official name of Taiwan is Republic of China. You can say Taiwan is not part of PRC (I'm definately not a supporter for the communist party), but Taiwan is for sure part of China. By the way, are you Taiwanese?

Taiwan the name for the Island given by the Chinese Communist Party because it believe its Taiwan as in the Province of Taiwan. Calling it Taiwan's official name: "Republic of China" means there are two Chinas (Republic of China and People's Republic of China) and undermines the legitimacy of the its very rule which is why the CCP is trying to insist Tsai insist on the "One China Policy." Besides ROC is probably more Chinese than the PRC b/c its ethnically 95% Han Chinese while the PRC is only about 90% Han Chinese and it uses Traditional Chinese and Mandarin Chinese as part of its official language. Americans use "Taiwan" because Americans are stupid and suck at geography since most think Taiwanese people are from Thailand and despite coming from Taiwanese parents didn't even know Korean or Thais people exists as a separate ethnicity instead of being "Asian" until I was well into my teens. You can change your nationality but you can't change your blood and ancestry, that's why despite global reference of the Koreas as N. Korea or S. Korea when its Republic of Korea and Democratic People's Republic of Korea but they're still both Korean. If you believe Taiwan is a separate nation then "Taiwanese" is a nationality not an ethnicity (unless you are that less than 5% aboriginal native) and also why despite coming from parents (one from Taipei and other Kaohsiung) I'm not "Taiwanese" I'm ABC because while being ethnically Chinese I have no citizenship recognized in Taipei but instead in Washington D.C..

Also, out of europe's 10 fastest growing companies, 5 are swedish. I think Europes the technical edge is located in Sweden. After all, it might at least be a good place too look for ideas.

For small startups and big companies Sweden is okay but due to strikt Labour laws and high taxes once the small startups the are forced to leave Sweden to grow.

Yeah, as was the case for Soundcloud

Minato1337 swedes work lika a machine very hard working

What's the point? Skype was founded by a Swed atleast:).

Absolutely true! I looked into the consumer bubble precisely because that's where I see the deficit

In my country Nokia haven't made any big deal in years, not to speak of Ericsson. Most new network infrastructure if from Huawei, some from ZTE...

MikroTik is quite popular, at least in Russia.

Lorenzo Blasco If we look in to CPUs and chips we have ASML also, the Dutch company that manufacturer the machines that makes Intel, Samsung and Qualcomm chips, so a bit of Dutch engineering is inside almost every phone and computer. And we can go completely outside IT and still have European technology all over the world, German cars or another Dutch example, is how the most challenging tunnels, under and on water projects from Dubai to Korea, are designed, made and coordinated by Dutch companies.

Nokia recently acquired Alcatel and Ericsson is in big troubles right now. Huawei is just taking the network industry over with blatant patent copying and government subsidised manufacturing. Also it's impossible to any foreign company to penetrate the Chinese market, which is one of the fastest growing ones.

shwetank verma One point contradict the electric car. Norway has the highest number of Tesla car in the world. With free electric charging provided by the goverment.

Except that Tesla is an American company using batteries made in China (not anymore though). I am pretty sure that the charging technology is not Norweign. I am not talking about adoption of products but the companies who make them.

shwetank verma Maybe the Norway take the safe route. Why invest in high risky company that may or may not deliver the product vs already exist electric car company such as Tesla. I think Tesla bsttery bank is not from China. It is from South America. I dont quite remember which country. But ESA satelite did overview picture before the lithium mining facility.

Nick John, Government is giving tax credits, cheaper, easy to charge and less dependence on oil. You answered your own question.

Nick John, Now from Giga factory, US. Was from Samsung /LG, South Korea.

Vriheddd car manufacturers

Avast, Ubisoft?

Vriheddd SAP... afaik third largest software company (not for consumers though)

European car manufactureres just wreck US ones and probably Asian ones as well. They have a much higher reputation as well. Tech is developing on that side of things, its being implemented more and more tech into transportation everyday.

Adam Pick that sounds neat and all. But Europe is quickly becoming economically mute. So keep dreaming bud. Europeans are the Masters of sleep walking into dark ages. 😂

ARM licenses their CPU core, this is a tiny bit of the money made with mobile devices in the world. AMD cashed in some susidies from Germany, buying incompetitive former socialist companies, this is all gone now, what is left can be called insignificant. Concerning industrial products Europe also has lost first to Japan, then Korea and now Taiwan/China. The worlds biggest semiconductor foundries are in Taiwan. There is still some industrial products supply in Europe, but overall in decline too while more in Asia/and somewhat in US it is expanding. Now with the fresh influx of Muslims and the since many generations established Muslims in all of Europe, the dying out and emigration of the former top-achievers, this will acellerate.

ARM does not just licence: ukposts.info/have/v-deo/gqmhaqB9erCIlWg.html There are only two countries to by from if you are serious about production, Germany and Japan are the only ones competing in the plant engineering world, the rest are building machines those two were making twenty years ago. Like making cars with technology from twenty years ago for India, there is a huge market for it, but you cannot call it a technology base. As for the muslim bashing, most EU countries have less then 5% muslims, still. Many do not even break 1%. Many of which are good factory workers and keep the economy rolling. As for emigration, well the Brexit already causes many talented young people to immigrate into the EU, not out of it. As does russian agression and Trump as president.

I cannot find any AMD operations in Europe besides sales and marketing. Please enlighten me.

ARM Limited should definitely be considered as an European tech giant. But this video obviously put more emphasis on the software and IT services instead of hardware. I think that's why the video maker forgot to mention the company. By the way, ARM Limited was already sold to Softbank group, which is a Japanese company.

Almost everyone tech savvy speaks english even if their official language is different. So language is not that much of a problem now. I am studying a computer science at university, and all the materials are in english, books are in english, lectures are in english. All the work we do is in english.

+elukok I studied CS like you in Europe too. I can tell you that the language problem is still a massive issue, the reason we're taught in english is because most of what we're taught in CS classes are from the US. Although it's becoming less of an issue, it's still massive in comparison.

I don't see that as a problem. Moving towards a single "Common" language for the species would be overall a good. Not to say that the other languages are unnecessary, but having a single language that is spoken by 100% of the population is extremely useful, so I support a push for that any day of the week.

@@byakko9895 That's a very soulless and utilitarian view...

Same for Arduino made in Italy.

I cant remember anything important in the world that are belgian :( You live in environment when socialist greedy government destroy new businesses, they just cannot grow. And people cannot earn more too. Its just stagnation.

@@user-rs5hb6gd8e Please tell, which companies could emerge and become big on established market in America? I mean there is google which is more than 20 years old company, Microsoft even older, Intel even older than that. Universal, Disney... don't even get me started on those. There is no way for something better to emerge on those markets and destroy those companies in a fair competition. That is not a free market. That is dystopian rule of supercorporations that (with their lawyers, lobbyists, corrupted schemes) become stronger than government, stronger than people.

@@user-rs5hb6gd8e To make profit past a certain point. You do things like: form monopolies, move your manufacturing to low wage countries, lobby politicians to push laws to profit your bussines, evade taxes and so much more (preferably after you have reached a major market share) NOT, " contribute to society".... But, you believe what you want ;)

@@itchyshizle Companies provide jobs for economy. Companies are people too! Why you think small group of people from company X should provide all for other people for free? Other people work for money and dont provide free stuff for corporations! Moving manufacturing is right thing if they can, rich countries are rich because they do more complex and unique things then poor countries, and not because they do same simple cheap things! There is no reason to pay for same screw more if it is made by US. When worker stop producing less expensive thing he can produce more expensive thing! You dont raise cows by yourself right? Or grow wheat? Why you move it to other ppl? Because you time is free for more productive stuff for you. Get out left lies! Im not Harvard professor but I hope you get an idea from my 3rd tongue english =)

@@itchyshizle Fun bit being: Most of this stuff like monopolies, wage dumping and lobbying is illegal in most market economies outside the US. So go figure why Europe does not condones this kind of stuff when the capitalism 1x1 book tells you that that stuff is bad for capitalism and a side effect your government needs to regulate!

You are right. And this is the thing which will help Europe become a desirable place for the next set of innovators to gather + build the next great "big tech" companies in the medium ( not near) future. Because the US + Asia will not be conducive to them.

Tech giants who always try to cheat on their taxes...

Friek555 says the Google bot.

I live in Europe and You are the reason why we are getting poorer all the time. All all those thing You mentioned: "free education" "job protection" "healthcare" etc are just an illusion that are disappearing due to people like...

So you want to tell your for example 18 year old son who wats to study, that this will cost around 150.000€? This is bullshit. Education is a thing everyone should have access to, not only a few families. I am from Germany and I am quite happy with our system.

I think they moved to more outsourcing excisting technology to be produced by other nations that have the space and resources whilst staying as cost-effective as they can. European techcompanies are still big players in development of say, the self driving electric cars, 3d printing, software engineering. I know he's talking about consumer based technology, but lets be honest. Consumer based technology isnt what develops and innovates, its private sectors as the military or aero and space industry that cause shifts in developing new products, wich ultimatly end up as consumer based technology. What does the normal pleb do with a 3d printer? Print out some more Warhammer figurines?

He actually addresses it right away

*Insert thank you gif*

I completely agree. When Philps sold of there Tv brand they didn't cease to exist they just focus on another more profitable market (medical tech).

Europe's silicon valley is actually around Eindhoven. Where large european tech companies are located. The focus on consumer electronics and apps is just too limiting to draw such broad conclusions.

And the best way to improve life is through technology.

Aeon Well that's up for debate.

@Ducky McDuckface not really, technology has driven the greatest leaps in quality of life. You have clean water on demand, while most of history you would have had to build a well, and walk a few miles, and the well water might get you sick. You have tasty, and healthy food, cheaply all around you that even kings of past didn't have access to, and spent mounds of gold to obtain. You have the ability to fly through the sky that at no price, a king of the past could afford. You have airconditioning, so you don't even have to deal with bad weather. You are living better then a king 200 years ago. You are wealthier then a king 200 years ago as well, because, even if you choose to feel poor, you can afford things that are grand luxuaries of the past, for almost nothing. If you make the minimum wage in the US, Canada, or Western Europe you are in the top 10% of the world. If you make over 100,000, if you earn over 47,500 USD a year, then you are the top 1%.

That's a different kind of technology, the technology talked about in the video is consumer technology. Europe is a global player in terms of other kinds of technology. My point was that Europe does not need to produce laptops or cellphones in order to increase it's quality of life.

@Ducky McDuckface, Aeon says "And the best way to improve life is through technology." Aeon didn't say a specific kind of Technology, and you replied "Aeon Well that's up for debate." You didn't make any point, but you disputed Aeon's claim that "the best way to improve life is through technology." he didn't make any other claim. No one in this converstation was talking about a specific technology, until your latest comment, but your last comment simply disputes that technology is the best way to improve quality of life.

We do cheeseburgers better than you guys.

Jakub Ušelík also europe is big if not leading in cars and industrial tech

Dude that's true but it misses the point of the video: still no general purpose tech companies

That research isn't generating any money. If anything, it generates money for other countries, because y'all don't patent your ideas lol. Research is only useful if you have businesses ready to bring that new research to market. But whatever, thanks for the royalty free research. I'll see y'all on my yacht when I come and visit.

Europe patents as many or more than the US or China (difficult to find numbers as you only find numbers per country) so I don't see where you got your notion. E.g. Germany has ~20k international patents in 2017 vs. 60k in the US or 50k in China. Which means germany is patenting stuff over proportionally. reasearch is also not royalty free research though because most research is pursued or at least financed by companies. Someone gets paid for that research paper even if it is only the baseline of a later technology.

US is leading in scientific research though (NASA).

Yes, if by "harder" you mean longer hours. Americans spend more time in work, but don't do more actual work in that time.

Of course in Europe there is less income inequality! For example in Portugal, we're all equally poor.

My country leave Nokia for Huawei bcus its cheaper

but, but, but if you see both market consumer products and enterprise solution, Nokia don't sell any smartphones now and Huawei is the number one in enterprise solution market.....and they sell smartphone still

The eagle flies alone they say. Luck favors the bold. USA! USA! USA!

Geography is not a valid argument. Take south korea. It’s small and isolated from it’s major export markets and it still has more tech companies than europe does.

Country size is bullshit. Deserts, rocks and bushes wont buy smartphones, people do. Germany alone has 60% of USA's population size. Same with language. Count in the other german speaking countries like Austria, Switzerland, Netherlands and Belgium and all of a sudden you got more consumers with one single language than USA ever could.

Germany has 25% the population of the US, not that this is necessarily relevant to your point.

Yatsura2 The US has 323 million people, how does Germany's 83 million population equal to 60% of the USA?! Even if you add up all does PARTLY German speaking countries, you'll only get ~128 Million people. Also to that point, if you include Canada (since they speak English almost exactly like Americans) with the US, Germany and those other countries COULD NEVER have more people.

If European legislations and bureaucracy is the reason, than it's Europe shooting itself in the foot when USA and China don't.

This video was about (consumer) tech companies though, not about export or the economy in general o.O