If there is no rule of law, capital, talent and trust are flowing out of that country - for good reason.
If there is no rule of law, capital, talent and trust are flowing out of that country - for good reason.
Because it's pretty refined since it was funded with resources so great that it was intended to serve global level audience?
I don't believe that EU will have comparable quality "tech" without restricting US market access in EU. Unfortunately, refined high quality software requires considerable resources and no one will invest those considerable resources when the US companies can just offer better software at lower price thanks to their lead and deep pockets until the EU companies go out of business. Sure, EU doesn't need to discover everything again but they will need to pay top talent world class money for years until their products become refined.
> Sure, EU doesn't need to discover everything again but they will need to pay top talent world class money for years until their products become refined.
Just like the US didn't need to rediscover the inventions of cars, submarines, the web, the printed press and more to be able to build better iterations on those, wouldn't the exact same apply the other way?
It feels like whatever you're saying today could be said the other way in the past, so why does it really matter?
The fact on the ground is that people don't trust the US overall as much, even less the leadership of the US, so whatever dependency has been built up over the years, has to be fixed, no matter if the "local" technology is shittier at the moment.
I'm sure Americans felt the same about printing presses back in the day, where some things you just have to be able to do without needing the permission of others far away.
That's why Google, Samsung and others were able to create smartphones comparable to iPhone without having a Steve Jobs and a Johny Ive right after Apple made one.
Once you know the way forward, the rest is an engineering task and it's matter of working towards it. Very low risk compared to the initial work done by the pioneers.
Lots of real time material evidence exists.
You get the point. When you are getting into an established industry see what works, skip investing billions in directions that go nowhere.