[mc32]

Notably EU countries don’t produce as many large or global software products. I know they have some companies of renown but not to the degree the US does.

There may or may not be a connection to work habits, but we should find out and then decide if we’re okay with the consequences (like the lowest GDP per capita state (AL) being on par with Germany). Maybe we’re okay with playing second fiddle. But we should know what we’re in for.

[Ekaros]

I think real reason is less willingness to make massive bets on everything. In ZIRP environment that played out great on paper. But we really have to see how will it do with AI...