| > Is there anything that stops today anyone from starting a new Google or a new Microsoft or a new Apple in Europe? The same thing that stops anyone from starting a new Google or Microsoft or Apple in the US, probably. And that's apparently not regulations. > It's getting tiring of hearing of the big bad Microsoft that stops poor Europe from competing properly. Who says that? I don't. What I say is that the big bad monopolies stop others from competing properly. But the big bad monopolies being US companies, they are protected by the US government who doesn't really care about having US competition in the US, but cares about domining over the rest of the world. > The EU tech salaries are ridiculously low and the tax burden is unreasonably high. Add on top of that an aversion to risk from the banks and VC funds in Europe and this is what you get. Again, a handful of companies completely dominate the software industry in the US, too. Is that because of ridiculously low salaries and unreasonably high tax burden in the US? I don't get the reasoning. |
eu has a shit software industry and it has only itself to blame for the insane amount of bureaucracy, cutthroat taxes, labor laws that promote stagnation, and the culture of extreme risk aversion.
It is a good place to live until the borrowed time elapses.