| >EU didn't fail because it never even tried. Of course the EU tries to compete with the US and in some industries it has done so successfully (e.g pharma or aviation). EU companies have also tried to compete in information technology - with some limited or temporary success. ARM was founded in the EU. DeepMind was founded in the EU. Olivetti and Siemens had CPU designs and made computers. Nokia once dominated mobile. Ericsson was/is a leading telecom equipment maker. Skype used to be one of the most successful messaging apps. Spotify is a success. ASML is a success. A certain Finnish university student started the operating system that now dominates the cloud, but for some reason I really do not understand, EU cloud providers like OVHCloud have failed to compete with the likes of AWS, Azure and GCP. And now the AI wave has completely washed over Europe. The cloud situation is a mystery to me. Nothing stops EU companies like OVHCloud from competing there. Any anticompetitive behaviour is a very weak excuse. Europe can't even compete with something as mediocre as Palantir. Now everyone is calling for protectionism. Ridiculous. AI is easier to understand. It requires huge capital investments. The US has far superior capital markets and far healthier attitudes towards risk taking. Europe's failure here was easy to predict but the consequences could be dire. |
Yes, but it was span off from Acorn Computers, which had its own European OS, CPU, computer etc, but ARM was all that was left of what could have been a fully European Apple had it been given more support.