[Defletter]

> at the cost of rate of progress and business model innovation

That's a pretty massive claim. Do you have any examples of this?

[frollogaston]

Their entire tech sector compared to the US or China

[Defletter]

Goodness, how specific.

[frollogaston]

If you want a more specific example, it's the company we're already talking about. There's no EU parallel to Apple, or the other FANG.

[shakna]

SAP, NXP, ASML, Hexagon, Infineon... These are all companies guaranteed to be touching hardware or software, they you use today, and will use tomorrow.

[frollogaston]

Biggest market cap out of those is SAP at $333B, which is less than the least valuable FAANG company Netflix.

[shakna]

We were talking innovation, not market cap, right?

If the software you use today, that the businesses you go to, even in the US, are using it, then there's hardly stagnation, is there?