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this post was submitted on 20 Nov 2024
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Good luck with that. How many times have we tried? Like almost every country in the EU tried to create the Silicon Valley of Europe and non of them are truly successful. Most Europeans just lack a Pan European attitude. Like every country rather wants to do it on their own and create a tech center in their own country and most Europeans are not willing to move abroad for work. In order for Europe to create a tech sector that can compete with the US and China it needs all of Europe’s brightest minds concentrated in one area competing with each other. Like how it is in the Bay Area or Shenzen. Sure there are jobs that can be done remotely but a lot of innovation happens in the lab or on the shop floor.
Europe just lacks the advantage the US and China have. A large single market that speaks the same language, is culturally pretty much the same and has cheap shipping. Like every European country has their own Amazon knock off that is only used within its borders because they failed to expand in Europe mostly due to the language and culture barrier and expensive international shipping. And now Amazon and AliExpress have swooped in and these local companies can’t really compete and have zero chance to grow internationally now.