Welcome to the Utopia Forums! Register a new account
The current time is Sat Jul 11 11:32:45 2020

Utopia Talk / Politics / Why the EU has no big tech
Habebe
Member
Wed May 27 16:03:10
The EU really needs to step up there game. Even now it has hindered there covid response due to conflicts with US tech firms. But it has other far reaching issues.

So whats the deal, why has Europe fallen behind in the tech center?
Habebe
Member
Wed May 27 16:04:48
http://new...tles-QOFAfQlRG8/share_amp.html

Here is the article that got me curious.
Habebe
Member
Sun May 31 12:08:25
Ttt
Habebe
Member
Sun May 31 14:31:22
Well? Wtf, I'll google it.
swordtail
Anarchist Prime
Sun May 31 14:32:34
thanks.
Habebe
Member
Sun May 31 15:24:07
The best answers I get are that Europeans fear risk taking so they rely on The US and China for that.

Sounds lile a weak answer but i guess they are all surrender monkeys.
jergul
large member
Sun May 31 15:27:14
Well, it looks like the EU might be getting twitter and other social media giants relatively soon.
Habebe
Member
Sun May 31 15:32:03
Yeah, I doubt that.

I did see a NYT article about the EU trying to foster there own big tech.

Some articles claim that Europe is too fragmented of a market. But I dont buy that either, SK is a small nation that has big tech.

SK is a unique model of capitalism though, the entire nation works for a hand full of firms that are intertwined with government in a unique to SK sort of way.
Paramount
Member
Sun May 31 15:33:20
Spotify was born in Sweden. Skype was also Swedish until Microsoft bought it.
Habebe
Member
Sun May 31 15:44:42
Paramount, I guess, but why isnt there a Euro Amazon or google and how did Nokia get left behind?

The technical know how amd talent seem to be there. Mabry it has more.to do with venture capital?

I'm curious and I'm not buying the answers I got from Google.
Paramount
Member
Sun May 31 15:48:44
Yup. Venture Capital, I think. Much of the moneys are in the US and China.
Rugian
Member
Sun May 31 15:50:10
"Venture Capital...China"

Much of which has to be filtered through the Hong Kong financial markets. Hopefully China doesn't do anything to upset HK's status as a free and fair financial hub.

...oh.
Pillz
Member
Sun May 31 15:52:46
Because Europe is a continent of failures.
Paramount
Member
Sun May 31 16:13:56
” why isnt there a Euro Amazon or google”

I think the competition would be too hard and it would cost a lot of money to start something like a new google.

But that’s not just something that you start at once. It took years for google to grow to what they are today.

But... the seed to tomorrow’s google or amazon may be something that a European kid starts in his room next month or next year.
Habebe
Member
Sun May 31 16:20:29
Does Europe have a tech center?

Like China has Shenzhen and the US has Silicon Valley.... Im not sure about SK but like I said SK really is unique, but not in unreplicable.
Paramount
Member
Sun May 31 16:38:17
I don’t think Europe has a common official tech center. Each country has its own tech centres I believe.

But if Europe would have one, it would probably be some tech centre in Germany.
show deleted posts

Your Name:
Your Password:
Your Message:
Bookmark and Share