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by eunos 513 days ago
Well specifically for engineering-related products (both software and hardware).

How can you thrive and be competitive when your competitors in the far-east work for >60 hours per week with a solid ecosystem and generous support from the government?

I am specifically worried about the future of European engineering, unlike US you have much smaller capitals and moats. Many of the products are sustained mainly by legacy built by your predecessors.

If nothing changes then by next-generation most if not all would be devoured by chaebols, Asian Sovereign Wealth Funds, or American PEs. You'll have to work for >60 hours but they not you will enjoy the surplus. Take your poison.

Quantity has a quality of its own.