- CEOs of European technology companies told CNBC at the Web Summit technology conference this week that the continent should adopt a “Europe-first” approach to tech, after U.S. President-elect Donald Trump’s election victory.
- Andy Yen, CEO of VPN maker Proton, said Europe should “step up” and “be aggressive” to counter U.S. Big Tech firms’ tight grip on many important technologies, such as web browsing, cloud computing, smartphones — and now artificial intelligence.
- Thomas Plantenga, CEO of Lithuania-based used clothing app Vinted, urged Europe to take the “right choices” to ensure it doesn’t get “left behind.”
Lol sure, try getting Microsoft’s fingers out of europe’s pie first
Good luck with that. How many times have we tried? Like almost every country in the EU tried to create the Silicon Valley of Europe and non of them are truly successful. Most Europeans just lack a Pan European attitude. Like every country rather wants to do it on their own and create a tech center in their own country and most Europeans are not willing to move abroad for work. In order for Europe to create a tech sector that can compete with the US and China it needs all of Europe’s brightest minds concentrated in one area competing with each other. Like how it is in the Bay Area or Shenzen. Sure there are jobs that can be done remotely but a lot of innovation happens in the lab or on the shop floor.
Europe just lacks the advantage the US and China have. A large single market that speaks the same language, is culturally pretty much the same and has cheap shipping. Like every European country has their own Amazon knock off that is only used within its borders because they failed to expand in Europe mostly due to the language and culture barrier and expensive international shipping. And now Amazon and AliExpress have swooped in and these local companies can’t really compete and have zero chance to grow internationally now.
Nah, we don’t need that stupid nationalism that usa has enacted and destroyed that country
Sanctions. we need sanctions against US
I guess the rest of the world better come up with a plan to deal with a Trump dominated US. Every single day it seems to be getting worse and he’s not even in charge as yet.
America can lecture us on how we respond to a dangerous hegemony, but first it better put a few safety pins back into its own machinery. Europe has first hand experience with strong men with a mission. Just building a passive Maginot Line didn’t seem to work last time.