Why Europe Failed in Tech
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Рік томуGet ready for an enlightening deep-dive into one of the most intriguing questions of the tech industry: 'Why has Europe struggled to produce its own tech giants like Apple or Google?' This thought-provoking analysis will unravel the complexities of Europe's tech sector, shedding light on the factors contributing to Silicon Valley's dominance.
From regulatory challenges and startup culture to investment ecosystems and education, we will cover a wide range of factors that have stymied Europe's rise as a tech powerhouse. Featuring expert opinions, comprehensive research, and compelling data, this video dissects the root causes of this technological disparity.
If you're interested in technology, entrepreneurship, or global economic dynamics, you won't want to miss this. Join us as we delve into the untold story of Europe's tech industry, presenting insights that have yet to be widely discussed.
Don't forget to like, share, and comment on your views about this issue. Let's spark a conversation that might just change the future of the tech world!
Europe tech failure, Why Europe can't compete with Silicon Valley, Europe's, tech renaissance, Can Europe catch up to Silicon Valley? The future of European tech The European tech revolution Silicon Valley vs. Europe Tech giants Entrepreneurship Innovation Culture Regulation Education Government
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@dimitarmargaritov 4 місяці тому
We are constantly shooting ourselves in the foot with mostly meaningless regulations, heavy taxes on prospering businesses and so on.
@DarthAwar 2 місяці тому
Taxes (Federal and State/Regional combined!) should never be more than 35% and never lower than 20% providing the Business is reasonably successful Personal Tax should never be more than 30% unless you start making millions a year (than can increase slowly to 50%), & no less than 15% providing you are earning enough to pay rent/mortgage food fuel insurance power water rates etc Also no Corporate Welfare if you don't pay Fair taxes to begin with (eh not using the Double Dutch or Tax Haven Loopholes or selling stock to a national branch at a rate it makes little to no profit of the same business like Apple does!) Corporate Headquarters must be in the Country of Founding and where most board including Ceo president Co CFO etc work/reside Why should The Rich or Big Business make profit but not pay a fair amount of tax on the money earnt too keep the Nation Solvent with well Educated Work Force and Good Infrastructure nevermind bailouts debt defaults etc for big business when it's the tax payer's that fork out for it that stuff isn't free
@innov4u 8 місяців тому
I founded a patent attorney and engineering consulting firm in Israel. I then tried to expand to London, UK. I found there, to my surprise, an anti-innovation atmosphere. Some tend to reject, sneer at, or hinder innovation. After incurring heavy losses, I closed that London office.
@flavio7180 5 місяців тому
Which is especially funny since the UK is frequently ranked as the best European nation for start ups, and the one with the biggest tech sector. It's safe to assume that if you encountered those problems in the UK, it would have been far worse in Italy or France. Just goes to show how far behind Europe is.
@cejannuzi 4 місяці тому
UK and US have very conservative legal systems, including patents. They don't let outsiders in easily.
@StEvUgnIn 4 місяці тому
That’s an interesting story. Would you be available for a quick chat?
@James-st9uu 3 місяці тому
The UK has the third amount of tech unicorns in the world.
@StEvUgnIn 3 місяці тому
@@James-st9uu That's why they did the BREXIT. All their VCs come from United States.
@dave23720 Рік тому
if a small market with english as not a native language is so detrimental to tech development how come Israel, estonia or singapore achieved success? its all about regulations...
@Luchs06 Рік тому
Well in the case of china, regulations banned american and most western companies from its market, which gave chinese companies an undisputed home market from which they could expand. So you think more regulations are the solution? 🤔 I dont think thats the solution. We have a really overaged, non progressive and tech adverse population in europe. Many regulations are just a result of this situation. Regulations in general can be helpful and a certain wariness is not always wrong. Many big companies in europe are slow, but if we look at medium and small companies the situations looks a lot better. And sometimes while the us runs behind the newest trend and biggest moneymaker some europeans just try to make the best screw everyone still needs.😉
@CuriousReason Рік тому
I think companies coming out of those countries you mentioned primarily built their companies around the US and English speaking market.
@mij6918 Рік тому
100%. And Taiwan and South Korea, some would have you believe are also small countries, and we all use chips and devices made in those two. There is no reward to innovating or being productive in Europe. Every institution wants to get in your way as their own little way of feeling important and relevant, from tiny activist groups and local councils all the way up to the high courts and the EU, and if you do manage to succeed they'll all come cap in hand ready to take a much larger share of the pie away from you than what happens elsewhere. Why would anyone set up here when they can just go to the US? "REGULATORY SUPERPOWER" isn't going to change its ways. Europe is too slow to keep up in tech. Tech innovation is only getting faster and Europe is not.
@jcliu 11 місяців тому
The problem isn’t being a small market without English as a native language-in that case, you just use English for business. The problem is being a medium-sized market that’s large and rich enough to support a sustainable business in your native language-which saps both the incentive and capacity to break through to a global company. That’s why French and German tech companies remain provincial, while Scandinavian ones occasionally break through.
@mariobadia4553 11 місяців тому
@@CuriousReason I noticed you have an older video about the leopard wunderwaffe do you mind doing an update now that a good number of them have been abandoned and destroyed Beyond repair??????
@ingemar_von_zweigbergk 7 місяців тому
eu needs to have to have the same business laws in every eu country to enable a company to more easily do business throughout the eu
@tiyes94 7 місяців тому
Still it wouldn't reach the flow like in the US since language barriers and different working cultures occur. But at least it would make things a little easier.
@sophieedel6324 5 місяців тому
Europe also needs to block US Tech companies from colonizing Europe. China was behind on tech too, they straight up blocked US companies and blocked every US takeover, now China has a thriving tech economy, while Europe is in the stone age.
@reinertgregal1130 Місяць тому
@@tiyes94 We can use english though.
@DrJams Місяць тому
EUs cookie law makes it harder to make money on tech
@Tom-sd2vi 10 днів тому
Problem: southern europeans are lazy and having to compete with the north will bankrupt them. Like what happened to Greece.
@benchoflemons398 4 місяці тому
The amount of cope in the comments section is insane
23 дні тому
"We don't need gadgets, we have wine and ham!!!" my fellow europoors type on their phones made in China on an American app
@jasonhaven7170 8 днів тому
@ Well you don't like Blk ppl so this is your punishment
@harshjain3122 2 дні тому
So true. And the 'oh but US is one big market and we smol' but if you ask them what about Taiwan, SK, Singapore, Japan, they don't know. And the "b-b-but better wages and more regulations", "tech is a bubble anyway". They are stuck quite back. I was surprised to learn that the top 5-6 Indian tech companies have a combined market cap of $350billion, about half of Europe but with a piss poor per capita and 5x smaller GDP size. The cope is insane.
@danirey425 8 місяців тому
They ain't obsessed as us about beating out other countries in tech, at least not anymore
@frankjohnon9736 8 місяців тому
yoo u making so intresting and valuable content. dont stop please, humanity needs people like u!
@yanglee1404 8 місяців тому
I have to say it's a logical and reasonable report. The overall environment in Europe cannot compete with USA, Canada and Asia, especially the East Asian countries.
@oskars1419 4 місяці тому
europe need structural reform, also need protect our companies bcs china and usa want to stole (buy) them.
@johnbattle7518 4 місяці тому
👌
@resupl Місяць тому
💯
@SingularityZ3ro1 11 місяців тому
From personal experience, I can say that people who have always been politicians, and EU administrative workers, are always really excited about the fact, that the EU regulates preemptively, and the hardest. From a tech-entrepreneur perspective, that meant for me that I e.G. worked quite some time in the Blockchain Industry, and was eager to fund my own useful idea in the space. Until I had a close look at MICA, and my LTD what you have to do to just be allowed to start your business (maybe), or what could come, I gave it a pass. Now I am working on AI stuff, and the exact discussions start all over again, even to ban products like chat GTP, Bard did not even make it to Europe because of this. The EU is very good at killing its new tech industries before they start. E.g. in the very beginning, Berlin was considered the Blockchain Tech hub. To put it harshly, the people in charge of the EU and most counties in the EU are often old, and run it more like a "Ludditocracy" ;-) That does naturally not go well with wanting to be a hotspot for applied tech innovation & business.
@jcliu 10 місяців тому
Even the EU’s Luddite pride at being a “regulatory superpower” may go down as fatal hubris. Sure, US tech giants will bend to Brussels today in order to access a very large and lucrative market. But, without innovation and productivity growth, Europe’s share of global GDP will continue its terminal decline. In a decade, India will become rich enough to give the Googles, Metas, and Open AIs of the world a massive consumer base that allows them to avoid the headaches of Europe altogether. Regulation as stealth protectionism worked in China, where banning Google, Amazon, etc in the 1990s/2000s made room for their own domestic internet giants to sprout up. But Europe’s strategy isn’t even replacing American companies with homegrown tech champions-it’s just raging against a global economic machine that doesn’t revolve around diesel engines anymore. Sad.
@5133937 7 місяців тому
A friend from France told me there was a time decades ago when France and the EU were proactive about building new things, but somehow they developed a culture where they were more concerned with how new things could hurt society rather than advance and progress it. The regulatory bias is a consequence of that.
@lambda653 6 місяців тому
I mean what did block chain technology give us? A gigantic pyramid scam and billions of dollars of wasted energy. Seems like europe dodged a bullet regulating that one.
@CallousCoder 4 місяці тому
This one of the many things that I loathe the EU for. I want a NEXIT, get far away from those dumb technocrats in Brussels,
@CallousCoder 4 місяці тому
@@5133937France hurt the Dutch fishing industry because we fished with electric pulses so the flat fish would get stunned and float from the surface, not requiring sea floor disturbing dragnets. But the French don’t like competition and they are terrible in innovation and engineering, so the lobbied to ban this pulse fishing. Basically killing the Dutch fishing industry because by law we are not allowed to disturb the wadden sea sea bed…
@allo-other Рік тому
I agree that complex regulatory environments would comprise a barrier to the expansion of ANY business into broader markets. However, "tech" is a very broad category --- from commercialized software (advertising and personal-data collection-cum-marketing) platforms to design and technically-challenging manufacturing in FABs. Even within semiconductor manufacture, the disparities in quality are huge --- Taiwan vs China, for example.
@Ezekiel903 7 місяців тому
this channel is a scam! watch were the biggest chip manufacturer have open up new companies, all in Europe, from cars to trains and high tech, "Netherlands produces the only machine worldwide to assembly nano chips", they have take the lead in subatomic particles research, they have Airbus which in a few years has beaten Boeing and many more examples!
@Vigorsol11 6 місяців тому
I couldn’t have wrote it better.
@Howabouthere 7 місяців тому
I was wondering why👀, dude i love your videos❤, but there was something off, its because you keep going from bright picture of a office room, to a dark picture of for; example a historical event. which makes the viewer distracted. as a fellow viewer and enjoyer of your channel my contribution to advice is either make the change in making britness graduatal, or lower the brithness of some images, or just remove bright or dark images😂. hope this helps❤😃
@levertmalatji-oj9ok 11 місяців тому
What about stripe.
@barsamrouholfada8223 8 місяців тому
I'm curious, do you use AI only for your voice or also for generating the actual video content as well? Maybe you could make a video about this. You haven't said you use AI explicitly but I went through your older videos and.your voice is dramatically different.
@hotdognl70 10 місяців тому
If just growth is the goal, then it "failed". Still I have a hard time seeing the explosion of empty bubbles and disposable products as a succes.
@hashedhakahol Рік тому
Great video keep em coming
@mbahcarrier1629 10 місяців тому
Which part is the main cause, I want to know.....success for "Curious.........".......Pekalongan, Central Java, Indonesia is present
@SamRichardson1990 8 місяців тому
Heavy Taxes in Europe. Literally Makes Any Employees mind Dull and Less Creativity. and You would only think about Paying Bills and Taxes not Creativity or To Work.
@michaelplunkett8059 4 місяці тому
Thank goodness the USA had built the Internet for it to rin on.
@DeeSock Рік тому
Also in Europe it seems to be legally more difficult to fire or demote bad workers
@patrickganahl5126 3 місяці тому
In Switzerland at least, you can be fired without name any reasons.
@DeeSock 3 місяці тому
@@patrickganahl5126 good point about Switzerland, one of the more technically able countries in Europe
@jazening3075 2 місяці тому
Absolutely Fascinating!👍🙂
@alfaeco15 7 місяців тому
Burocracts does not pay for the extra costs then cause.
@wouldnt_you_like_to_know 4 місяці тому
Accenture is an US company, not an European one.
@brooklynknite 23 дні тому
I know, I seen a lot of misleading things.
@jasonhaven7170 8 днів тому
You evidently don't speak English as a first language.
@wouldnt_you_like_to_know 8 днів тому
@@jasonhaven7170 minute 1:33 : “In stark contrast, Europe’s top tech companies: SAP, Accenture, ASML … “ So again, Accenture is not an European company…
@jasonhaven7170 8 днів тому
@@wouldnt_you_like_to_know No, I mean you don't speak English as a first language because you wrote "an US"
@jasonhaven7170 8 днів тому
@@wouldnt_you_like_to_know Also, "an European"? No.
@charlesd4572 2 місяці тому
This is just conjecture. The mains reason is capital availability and regularity environment. The EU stifles innovation with burdensome regulations which benefit large corporations. This partly explains why investment is lower too - more risk of failure so better investment options. The UK is different. Cambridge and Reading are tech hubs. The UK has had a number of successes but we tend to sell them off to foreign companies once they start to grow - such as ARM.
@fischX Місяць тому
US is also more talk than wlalk. For example everyone talks about Hyperloop for a decade - Siemens builds the actual high speed railways in the meantime. Silicone Valley is close to Hollywood for a reason, is a big consumer show.
@pulanala1421 4 місяці тому
Low salaries are the actual problem 🤐
@pseudounknow5559 Рік тому
There is an error on your map at 5:14 Crimea is actually Ukrainian. Can you correct this please ?
@CuriousReason Рік тому
That's on Geolayers 3 plugin I use. It excluded it. Will fix it next time.
@pietpetrus2343 Рік тому
whole country gonna be russian........... fuckers
@mojrimibnharb4584 Рік тому
Illegally transferred in 1954, recently corrected. Please correct yourself.
@pietpetrus2343 Рік тому
the guy spreads info he doesnt know alot of
@James-bs8bd 11 місяців тому
@@mojrimibnharb4584 you can go back even further than that if you want
@DarthAwar 4 місяці тому
Tax in America is not a Simple Thing apart from Federal Tax you have State Taxes and Even County Taxes Also each state has different Regulations so the USA is not necessarily an Easier Market as a whole to move into
@clementmakamo4557 6 місяців тому
Africa tech industry also
@xfalconn_ 23 години тому
Regulations.
@TheLogicalError 6 днів тому
Keep in mind that there's a huge difference between European countries. In some countries the bureaucracy is much less, and things like the 5G rollout/ internet speeds are way better, than the US. (like Denmark and the Netherlands)
@michallmaxlarsen8923 6 місяців тому
As mention in The video,- EU can't compete as we fast try to ban A.I and 5G-- were money and Power will be in The Future And we will soon get a lot of People over 65 years that need expensive pension etc. We need to change big time in order to be stronger.--
@mreese8764 6 місяців тому
The reasons don't really matter. Nobody knows or could even know why different markets perform differently. People in Europe tried to copy Silicon Valley for decades and failed. I doubt that SV knows itself why it works. What you do know it's the you can go somewhere else where things are better.
@diogorodrigues747 3 місяці тому
Actually some copies of Silicon Valley did work, like Ireland and Estonia.
@mabeSc 10 місяців тому
Agreed, absolutely no funding or meagre funding for start-ups but the help for start-ups is not available in most big and medium-sized cities. Only the capital and that sucks, especially for broke programmers looking for a big boost onto their project. If such funding opportunities were available in the rest of the cities (like a government building dealing with it) and then all requests would be sent to a centre that will consider them, how far they are into finishing it and so on. This would boost the IT and technology sector a lot. Unfortunately such funding, like previously said, is either not available or just in the capital but being a meagre amount with so many applications that you have no chance of getting anything.
@mr.random6439 7 місяців тому
you can writ this because you are using a chip from a machine witch is made in the Netherlands.
@mabeSc 7 місяців тому
@@mr.random6439 What chip? Name it and I'll look into it just for the sake of curiosity. The point still stands that most chips, software and much more is made in the US and Asia.
@mr.random6439 7 місяців тому
you can watch this video because of asml witch is in the Netherlands. proof me wrong
@brian5154 Місяць тому
ASML is the most important company in the world......produces 90% of the machines that make all the microchips in the world............
@andrewlau611 11 місяців тому
You imply that Asia’s tech advantage lies in China having a homogeneous market and regulatory regime of 1.4 billion people, but such an argument fails to explain or take into the account the global reach that the tech giants of Japan, South Korea & Taiwan have which their Chinese counterparts don’t.
@CuriousReason 11 місяців тому
Japan, South Korea, Taiwan had a close relationship to the United States and the US pumped money, research, talent development into these countries during the Cold War (being a counterweight to the Soviet Union and China in the region) and encouraged tech giants of these countries into the US market with less regulations and import tariffs etc.
@umbrellastudio7481 2 місяці тому
Japan, Korea and Taiwan don't have tech giant.
@andrewlau611 2 місяці тому
@@umbrellastudio7481not if you're only thinking in terms of web services instead of the global supply chain. The world's supply of servers and advanced electronics would literally grind to halt overnight if TSMC & Foxconn were to stop fabricating semiconductors. The world's two largest video game platforms are owned and controlled by Sony & Nintendo of Japan. Samsung of Korea is the world's second largest smartphone producer & has a near monopoly on high end display panels & DRAM chips that even Apple has no real choice but to use them too.
@Lucas-wn5wm 2 місяці тому
@@umbrellastudio7481 Taiwan got SSMC, korea got Samsung
@highshelf 6 місяців тому
Do the answer is because the us is big, shocker
@SethSinclair 4 місяці тому
Bc someone had to stay behind and preserve the old, so that others can build the new
@Montemort 5 місяців тому
This is so wrong on every level. The innovation is high in Europe. without dutch machines, No silicon chips or tmsc. Same with most sectors. We are doing just fine. So tired of doomsday reports like these.
@Naruedyoh Рік тому
Do you understand that the EU is not a single country? It has a common economic market, but still they're 20+ countries.
@James-bs8bd 11 місяців тому
And?
@sidhantseth007 11 місяців тому
and Still failing to Innovate individually...
@hotdognl70 10 місяців тому
@@sidhantseth007 In all fairness, the USA is roughly 20 times the population of some of the smaller countries, not to mention how this relates to Asia. Statiscly this means there should be no room in the top 20, yet there is ASML... Without them most of the other companies should not even be able to exist.
@karl7428 5 місяців тому
We are still failing miserably even when you account for population size @@hotdognl70
@baraddur7664 12 днів тому
What a poor excuse. 😂😂😂
@pietpetrus2343 Рік тому
wdym the dutch have plenty of tech inventions especially computer chips
@chadsworthgigafuck7076 Рік тому
They aren't making that much money
@dylan5578 11 місяців тому
The Netherlands just makes the fabricators nothing else
@rickbo5858 11 місяців тому
@@dylan5578 We have NXP and some photonic startups, BE semiconductors & ASMi.
@benchoflemons398 8 місяців тому
The Dutch make lasers, nothing else. And it’s only the Netherlands, no other countries.
@kmjgsdkmjgsd 10 місяців тому
Making wide and baseless claims, it seems that America invents first, then "occasionally" reacts with regulation later, while Europe makes regulations first, and then looks for where they can go from there. If the US was as proactive instead of reactive, we would fortunately not have to suffer under industries like Facebook, but then again we would also never develop (and tolerate) new industries like AI. Seeing how Italy would ban it, and the EU wants to make prevent any more training data from being used, I don't think we will have any disruptive inventions from there anytime soon. No flying cars, no modifying organisms, and even no nuclear energy improvements lol.
@williammuthee2474 9 днів тому
lol oh the cope
@lukadundur8341 11 місяців тому
Because we in Europe value good prosciutto and good wine more than latest gadgets.😂
@randomdude4207 9 місяців тому
and let's keep it that way. i mean there is nothing wrong with producing good tech and maybe we could and should do more, but we should never become a consumerist society where we all wait for the latest tech like zombies living in a cyberpunk dystopia. I value a good british pie, french stew, italian wine and german Bratwurst over the new IPhone20UltraMax++++SuperXXL.
@hotdognl70 9 місяців тому
@@randomdude4207 Proper priorities, I like that.
@BlockdaCoolguy 9 місяців тому
Lets be honest here, the rapidly growing technology destroys our brains, like phones and games. Over 50% of humans are addicted to these.
@Atistatic 8 місяців тому
@@randomdude4207 you are thinking wrong if tech companies are only for personal consumption.
@SamRichardson1990 8 місяців тому
Then Why are you shifting to Electric Vehicles? Should be using Horse Carts.
@bobtan9321 Місяць тому
Unlike here in Silicon Valley, most countries lack the key elements for start ups. The advent of semiconductor industries created many venture capitalist eager to invest their new found wealth in the 'next high tech company". All you need is for 0.1% of he startup to succeed and the rest is history. This allows mavericks like Steve Jobs, who otherwise be consider too far out to flourish. Japan is so risk adverse they would shunned Steve Jobs and his consumer-oriented ideas. An open culture, not regulatory burden, is why US outshine the world.
@SXsoft99 Рік тому
I home you understand that american companies mostly have foreigners, all big american companies for example have huge hubs in romania, and while in the US there have been layoffs in europe very few
@James-bs8bd 11 місяців тому
What’s your point? How does that have any relevancy to the video?
@hotdognl70 10 місяців тому
@@James-bs8bd Does it matter? This video is hardly relevant for it's focus is on short term financial succes only and not on quality of life in the long run. In case it does matter: Most of these "succesfull" companies could not exist without these foreingers and just buying all these talents does not guarantee anything. As you mentioned Microsoft in one of your other comments, this is a perfect example. Inspite of buying the best tech and publishers they fail to produce a decent succes on their gaming platform.
@Bjonnet55 4 місяці тому
@@hotdognl70Europe is nothing without the USA okay don’t be stupid , the USA spends money to defend Europe security so Europe have more money for its citizens, just like Europe have been relying on Russia gas for much of its success, and also Americans work more and are more productive and prosperous than European,
@dejabu24 29 днів тому
@@hotdognl70 don't you think that increasing in quality of life is driven by innovation ?
@themarcel508 3 місяці тому
The language barrier it’s not the great issue in Europe, the average European speak more than one language, in fact, it’s very common a person speak at least 3 or 4. The resistance of the innovation and the regulation is. In fact, the elite in Europe found a way to stay in power: regulation. They created a barrier to companies grow fast, and made every european think that it’s wonderful live in a Continent without big techs, while the use Chinese technology for their 5G, american + chinese technology for their smartphones, and many american softwares.
@McCov1 7 місяців тому
If Europe did not have WW1, WW2, Balkans war, Ukraine War, etc... It would be #1.
@rohitboro7007 6 місяців тому
Well wars happened in Asia too. Heck Japan was bloody nuked yet they managed to build up their tech sector.
@user-xb6rn7qy2x 4 місяці тому
@@rohitboro7007I am now convinced that Europeans are simply whiney babies.
@user-tc7fb2pb6j 4 місяці тому
I'm keep talking to myself saying it's not possible look like false bad dreams
@rogerdiogo6893 4 місяці тому
Ted kuzinski, it has millions of sleeper followers here😢
@JJ-zo8sh 4 місяці тому
Lilium could be Europe’s next large cap
@Lucas-wn5wm 2 місяці тому
Possibly gonna get bought over before it grows too big
@TeeeJayy_ 10 місяців тому
AI voices are getting scary
@dejabu24 29 днів тому
the problem of europe is not the different languages or segmentation in culture(which are all related) , the issue are the different governments(administrative institutions) that created the bureaucracy including the one in the EU , if Europeans wants to fixed that we have to get rid of the local governments and create a single european government , we shall united or else become irrelevant
@nyllet41 8 місяців тому
I think it is good to ban or severely limit AI. I don't like that companies can freely read all the information without asking for permission. waste extremely large amounts of power to train AI or not to mention crypto or NFT which are total useless garbage for inventions. tech companies need more rules. I hate all the big tech companies that take your data and then sell advertising that drowns out everything you want to see.
@michaelsavarin8128 8 місяців тому
Chinese tech giants were able to develop b In part because the communist party did not allow google, Microsoft etc free reign and access to their market, thereby facilitating the growth of Alibaba, tencent etc. The presence of these giants in the European market only served to stifle the emergence of European entities.
@macbobXD 4 місяці тому
stop being stupid AI doesn't have anything in this people should learn and improve in any way they can, don't blame ai for eu's politics stupidity
@5133937 8 місяців тому
@10:44 Why is the war in Ukraine causing Europe to lose its lead in manufacturing? I’m missing the connection there.
@rubencouso7497 7 місяців тому
Because we used to run of cheat Russian gas and oil and NATO blew Nord Stream Now we are forced to import those commodities from USA and other countries 40% more expensive
@fernandoamy8278 5 місяців тому
I'm guessing higher energy prices, making manufacturing more expensive, thus leading to a competitive disadvantage.
@dschinnken Рік тому
4:40 what do we use to show europe in tech ? f it, lets take a pre ww1 map
@wout4yt 8 місяців тому
Yeah, maybe the maker of this video should show this to a Polish person.
@brooklynknite 23 дні тому
They might not have been good at making technology in the first place.
@jacobfield4848 9 місяців тому
Europe has more competition which is better than having one huge company dominating. Europe has problems with energy prices and allowing Ireland and Switzelrand to undercut everyone else on corporation tax.
@Lucas-wn5wm 2 місяці тому
EU removes competition lols.
@spyrex3988 3 місяці тому
bruh if europe having hard time with innovation rest of east aisa and south America is worse
@mr.random6439 7 місяців тому
11:25 that is not a arm cpu its an ~15 year old amd cpu lmao
@Bjonnet55 4 місяці тому
Europe failed also because they don’t copy USA innovation and market system , China understood this that’s why it had private companies and state owned companies, too many bureaucrats and Europe trying to do its own way is the biggest problem it has apart from language and structural problems, Europe can be more innovative if they are more unified and copy what USA and China do exactly in tech
@Jan-hm1sp 29 днів тому
ehhhmmm ... What are they exactly doing? Starting trade wars and propagating a free market while using proctectionism back home? Sounds like a smart idea, what could go wrong?
@lindsaymays7206 18 днів тому
They don’t want to because they have no ambition other than to be taken care of by the government from cradle to grave. Notice how they always brag about their free healthcare? (Only possible because they’ve been hanging on uncle Sam’s nuts for defense for nearly 100 years). That’s their ONLY goal in life.
@frostbite9 18 днів тому
EU forced apple to adopt USB C 😁
@GP9c75 7 місяців тому
its not about regulation nor culture... its about who has the most money.
@rohitboro7007 6 місяців тому
I would disagree as Europe in General is one of the most developed parts of the world. Not to mention some of the largest economies in the world are European so they obviously have money.
@GP9c75 6 місяців тому
@@rohitboro7007 but dont europeans also have very high taxes compared to others which means they have less money to spend?
@Lucas-wn5wm 2 місяці тому
Europe got so much taxes from citizens and before Ukraine war theres cheap russian gas. The main problem with EU is they remove competition between each other.
@Lucas-wn5wm 2 місяці тому
Europe favours more welfare than innovation and free handouts to illegals.
@GP9c75 2 місяці тому
@@Lucas-wn5wmhi. how exactly are they removing competition between each other?
@ke_van Рік тому
Not just "war in Ukraine," but "Russian invasion of Ukraine." It makes much more sense and helps to understand the situation better.
@sztypettto 10 місяців тому
There's a better one - "Russian liberation of Donetsk, Luhansk, and Crimea from Ukrainian genocide"
@alinstlawrence3458 10 місяців тому
"the military operation of Russia to get back Russian part of Ukraine and make respect traitee from the last 2014 war of donbass" if you want to be precise
@theabaddon7457 8 місяців тому
@@alinstlawrence3458 "the military operation of Russia to get back Russian part of Ukraine and make respect traitee from the last 2014 war of donbass, since Ukraine became independent from the Russian empire after 1989, but they existed for a long time as the Kievan Russ was founded long time before Moscow even existed, however the russians don't like their empire getting sliced up " if you want to even more precise.
@rubencouso7497 7 місяців тому
The war started with the coup NATO did with Ukranian nazis in 2014. By the way there was a civil war in Ukraine since that
@rubencouso7497 7 місяців тому
@@theabaddon7457Ukraine = Banderastan nazi state which shouldn't have existed.
@danielefabbro822 3 місяці тому
Who failed? 🤔 Just to say one. America have Amazon. Big ass company of delivery service. But have you even wonder if Amazon owns ships or planes enough to bring those goods all around the world? No right? Well that's because the biggest delivering company for number of containers per day is the MSC. An Italian company. You talk about tech race, but you miss the point because it's not a race between US and EU since the two are partners and works in tandem.
@Lucas-wn5wm 2 місяці тому
The problem is that it is easily replaceble...EU workers wages are high too..naturally will lose out on profits
@danielefabbro822 2 місяці тому
@@Lucas-wn5wm no, it's not. What is lost is just the immediate profit. Studies shows that workers that are covered and well paid works better than those employed 24h/24 7/7.
@JustSayingitslore 25 днів тому
If Eu is the Dark zone that's fine.
@ramolkrin 11 місяців тому
EU law and leadership is so crazy, China will control all EU market.
@marcv2648 8 місяців тому
EU leadership is far left. Socialist countries get poor. They don't innovate.
@rubencouso7497 7 місяців тому
They are imposing stupid tarifs against China. My God!
@nekdo_kavc 2 місяці тому
Ha ha ha ha ha!
@abbofun9022 Рік тому
The bias in this vid is just staggering. Europe chooses not to facilitate economic slavery and customer exploitation as is common in US and China, this comes with a price most Europeans find worth paying.
@CuriousReason Рік тому
Can you define an economic slavery and customer exploitation? In terms of work, tech companies pay significantly higher in the US than in Europe and taxes are much lower as well, which is an incentive. Europe has more humane laws for its workers for sure but big tech companies in the US (apart from Amazon ecommerce department) treat their workers quite well, there are viral Tiktok vidoes where workers of those US tech companies do nothing but stroll around the office, eat free food, drink wine on tap, maternity/paternity leave etc. Everything has a bias, I didn't intend to be biased in this video as well but the center point here is tech and not general commerce which you might be mixing up. its all constructive criticism rather than favoritism for certain countries. Market fragmentation, regulations, different laws, VC fund investments, hostile attitude to tech market and all other aspects are the reason why Europe doesn't have any +$1 trillion market cap tech giant.
@abbofun9022 Рік тому
@@CuriousReason I’ll break them down; ‘economic slavery’, employee protection essentially doesn’t exist in a meaningful way in the US or China, general conditions may appear to be OK in the head office but now go have a look in the factories, warehouses or data centres. ‘Customer exploitation’ if you seriously are bemoaning GDPR (or similar EU customer protection rules) and see those as a hindrance to doing business you really have a warped set of priorities. Apparently you think that Musk, Bezos, Cook et al should have a free hand in playing robber barons. Additionally, I didn’t mention that earlier, the blatant governmental sponsoring in violation of all WTO rules is also staggering in the US.
@papaicebreakerii8180 11 місяців тому
@@abbofun9022I’m sorry man but a lack of regulations and easy access to capital is just what facilitates growth for start ups. If Europe is going to continue stifling its own economic growth then that’s their choice. Y’all seem pretty happy with it. It’s not sustainable tho
@Fedreal_Bureau_Of_Investigaton 11 місяців тому
@@CuriousReason I agree with the criticism, the way you cited grdp as an obstacle to market growth was ridiculous. This is much more important and less impactful, as is the importance of privacy and data collection, which is now dystopian in many of the highly "successful" countries you mentioned.
@hotdognl70 10 місяців тому
@@papaicebreakerii8180 Many startups proove to be just another bubble, can't realy considder that sustainable. Focus of this video seems to be short term financial growth as a measure of succes. Weird to see a nation with that much succes struggling every year with paying it's own administrators...
@djp1234 Рік тому
Fix your map. Crimea is part of Ukraine. The only country that recognizes that illegal occupation is North Korea.
@rubencouso7497 7 місяців тому
Keep dreaming
@djp1234 7 місяців тому
@@rubencouso7497 hi, Kremlin troll. This has been an exciting week for the Nazis occupying Crimea.
@RoScFan Рік тому
On the issue of safety (risk averse) and privacy regulations it is asia and usa that need to be more like europe. Technological progress that s too fast relative to culture and institutions is the cause of A LOT of evil!
@James-bs8bd 11 місяців тому
Although I disagree mostly to your argument I do think it’s the only one that has any merit and deserves a debate
@joaquimbarbosa896 11 місяців тому
Some errors here and ther but overall I agree
@bartholomewshirima7060 3 місяці тому
😂😂😂😂And Us is verry happy.😂😂😂🎉
@adelinosantos5211 7 місяців тому
Because actually the school education is so bad in the USA the capacity for innovation most likely will fall. Intelectual property might fall in the USA due to brain stagnating, in China the system doesn't allow it. In Europe regulations makes it difficult, who will create new anything?
@johnbattle7518 4 місяці тому
Idiot
@CallousCoder 4 місяці тому
Except we didn’t fail, the most important company in tech of them all is the Dutch ASML that makes the photolithography machines to make integrated circuits. The only one with canon in Asia. When ASML was suffering supply chain issues because of the plandemic production in all tech went down because they couldn’t deliver the machines that china bought to meet demands.
@suchendnachwahrheit9143 4 місяці тому
How is having one singular company essential for the world economy a sign of success? That does not make us global players and only strengthens the determination of Asia and america to get rid of this dependancy
@CallousCoder 4 місяці тому
@@suchendnachwahrheit9143 there are more of such companies. Farm tech for efficient farming most of that science and technology comes from Europe. Germany the car tech most engines used are licensed. So Europe as individual nations do very well. The EU is a clusterfuck though. Especially since it became a political union instead of a trade union.
@karlmin8471 3 місяці тому
ASML is funded by WallStreet and has over 50% parts directly from the US because of the agreement.
@Henry-hm8tu 2 місяці тому
Calling ASML the most important tech company in the world is laughable
@CallousCoder 2 місяці тому
@@Henry-hm8tu we maybe the companies who mine silicium for glass and silicon for ICs. But ASML, Kodak and Canon are the only lithography machines and ASML is the most wanted. Without those machines no ICs would be created. So nothing digital can be produced.
@James-bs8bd 11 місяців тому
EU has blocked so many good deals recently that it’s eye watering. Soft Banks ARM having to go public. The issue with Broadcom and seems like the block of Microsoft and Activision/Blizzard to name some of the most recent. I haven’t even watched the video yet but I’m compelled to say that.
@Siranoxz 11 місяців тому
The EU approved the Activision Blizzard Deal, the CMA (Competition Market Authority) UK Regulators / they have blocked the deal. Before you say things that aren´t true, do some basic research.
@James-bs8bd 11 місяців тому
@@Siranoxz yes they approved it. After they blocked it. So there you go. Good job EU
@James-bs8bd 11 місяців тому
@@Siranoxz mostly upset with the acquisitional block from Softbanks ARM to Nvidia
@James-bs8bd 11 місяців тому
@@Siranoxz I don’t think I’ve ever met a European that I didn’t like as well. So whatever is wrong needs fixed.
@norbertnagy5514 10 місяців тому
@@James-bs8bdhat do you mean by the last comment?
@yepyepyepyep4602 2 місяці тому
WTF does Fedex have todo anything with tech..
@saellenx3528 4 дні тому
You say Europe failed in tech and then you put semiconductor on as your wallpaper that can only be created by Dutch machines. Dont create videos anymore, this is not for you.
@frankalexander5401 7 місяців тому
My wife and I JUST got back from a trip to the EU and the UK. One reason WHY the EU has lost whatever lead they may have had in technology to the USA, China, Japan, Taiwan and most of Asia is because (as repeated on several occasions during our tour by our tour guide) is because “Europeans, with the exception of Germans, do not like to work!” “The Europeans look down on the 40 hour workweek and 2 week vacation in the USA. We (Europeans) enjoy our 2 hour lunches, 6 week vacations, lots of time off, and 30-32 hour work week. We want time to enjoy nature and be with our families.!” 🤣🤣🤣🤣🤣🤣🤣 The EU is behind and will never compete with the USA because of all the regulations and bureaucracy imposed by the EU!! The EU will always be a nice place to visit, but it is a continent of “losers” who are happy with the non-competitive socialist governments that provide cradle to grave benefits for all its citizens to include illegals. WHY work hard?? The governments tax the rich and reduce them to the middle class and elevate the lower and lower middle classes to the middle class without any effort from these people! AGAIN, WHY WORK HARD???
@dermeisterdesspiegels3518 6 місяців тому
I actually do admire your attitude. I am still thinking if establishing a business in Europe is something I shall pursuit. I still have to figure myself out so I can leave this shithole of a bureaucracy behind. But still, the IRS is a big bully, not going to lie about that one 🤣 and yeah, coming from Romania and being born in the early 2000s, I despise socialism and the welfare state, favoring those that are mediocre and lazy, but still, the healthcare (despite its problems) is eh, alright I guess. You pretty much need contacts around here if you want to run your errands fast.
@titasdhar4407 4 місяці тому
Because of demographic collapse.
@mojrimibnharb4584 Рік тому
If your definition of "tech company" includes online markets and gig facilitation, you're already so wrong as to render this whole video useless.
@CuriousReason Рік тому
If you are referring to Amazon, Amazon is a tech company whose most profits come from cloud computing (AWS), digital ads, electronics etc. It's not my own definition, it's objectively a tech company. You can go to the Wikipedia page of Amazon and read the first line before coming here and embarrassing yourself trying to play a smartass.
@mojrimibnharb4584 Рік тому
@@CuriousReason I'm well aware of amazon's not selling crap business. I'm referring to ali baba, uber, air bnb, etc...
@James-bs8bd 11 місяців тому
Triggered
@CuriousReason 11 місяців тому
@@James-bs8bd tbh, I am. lol
@James-bs8bd 11 місяців тому
@@CuriousReason mainly responding to the guy who made the post. It’s such a bad response to your video that anything he says from here is pointless. Vague response to an issue that you obviously made clear to anyone who watched or paid attention or who isn’t emotionally upset by what I and many others including businesses and even history agree with.
@ypatel69 7 місяців тому
Too conservative and slow. I worked with many Europeans in electronics technology and found a problem with them. They seem mentally unsuited for this technology for reasons I dont understand. You have to explore many things very fast. It is very hard to make them see things which are obvious in USA. There is also much hubris, unjustified self-confidence and air of superiority. Airbus superjumbo, a very dangerous design-Titanic in the sky - is a good example of this hubris. Many countries in Europe lost major wars and their entire future because of this hubris. Napoleon in the Russian Campaign, Germany in WW1 and WW2. The French never recovered from it to this day. Although, from my analysis, they had the opportunity at Waterloo to recover because of their tremendous strength. But the incomparable Napoleon was defeated at Waterloo by the French themselves. A very strange battle, Marshal Ney, Grouchy. No vision or loyalty. Strange business indeed. But I digress.
@mreese8764 6 місяців тому
Innovation is punished in Europe so innovative thinkers stop thinking. And there's no capital to really invest in innovation, so even the good ones have it hard.
@lordwiadro83 3 місяці тому
I worked for a French startup as a software developer. Life revolved around social events, gossip, and bullying. Technology like in the 1990s. Don't come here if you want to work on something new.
@Lucas-wn5wm 2 місяці тому
@@lordwiadro83go there if you are lazy😂😂
@thomaslanders2073 Рік тому
The US is part of the Anglo world which has been the most innovative part of world for the past few hundred years. Do you seriously expect countries like Spain, Poland and Romania to be able to compete? 😂😂😂
@allo-other Рік тому
The disparities aren't due to "Anglo" per se. After all, North Dakota, Idaho, etc are scarcely tech hubs. Tech thrives in wealthy, well-educated pockets.
@shreyvaghela3963 Рік тому
@@allo-other people in north dakota go to califprnia to open companies. because california already developed silicon valley
@allo-other Рік тому
@@shreyvaghela3963 Thanks for amplifying my point = regional disparities exist both within and between national boundaries.
@floxy20 10 місяців тому
Every European youth knows quite early in life that acquiring English language skills is a prerequisite for any form of academic success in STEM.
@hotdognl70 9 місяців тому
"The past few hundred years"... The modern USA is just over 200 old, much tech in the past got imported. Steam engine for example.
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