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.
A very small number of government agencies in a few countries have moved away from reliance on the US, but very few businesses have. We still have governments and businesses encouraging the use of US tech by, for example, encouraging use of mobile apps. AWS, Azure and Google dominate cloud services in most of the world. Microsoft dominates the desktop. Businesses and individuals are increasingly reliant on cloud apps that are mostly American.
Here in the UK my daughter's school (a large sixth for college) relies in MS cloud versions of Office and on Teams, you need (at least in my area) to use an mobile app, or a web app hosted on AWS to make an appointment with a GP (and if you are prescribed medication the pharmacy are informed via an API running in AWS). Most SMEs that do run anything of their own use AWS. One of the biggest banks (Lloyds) had issues during the recent AWS outage, and I know they are not the only one to use AWS.
A lot of European governments are pushing ID and age verification mobile apps.
In general a lot of governments are regulating in ways that favour the incumbents.
I was unaware the country travelled back in time!
Surely you have a specific example of a way in which U.S. based technology companies have significantly and irrefutively regressed to demonstrate your point, since you appear to talk as though it's a foretold conclusion this delusion will come to pass.
Has the same energy as the people shouting "the death of Silicon Valley is neigh!!!" whenever a random washed-up company mkves their HQ from the Bay area to some tax haven state (and half the time retains their offices and personnel in SV anyway)