It's an interesting perspective but it doesn't quite capture the relationship here.
I believe most of those big companies fed from Europe but not only from a market perspective but from a technological perspective.
Contrary to what the media try to depict, most of the tech on which those companies are built were designed in Europe and most of the brain that lead them studied in Europe.
I believe Americans are the best to market an idea, as they mostly focus on optimizing for the product market fit. Which produce the biggest market capitalizations.
But long term planning is still mostly done in Europe as it's considered too expensive almost everwhere else in the world, particularly in the states where remnants from the cold war makes the concept of the government pooling money to fund big projects a politicaly incorrect idea.
So the next logical step will be that like last time Americans will not produce anything meaningful for next 20 years which will give the time to Europe to capitalize on their previous innovations and to produce the next generation of ideas, and the cycle will repeat.
But if we wanted to increase the pace of those innovations, some bipartite solutions could be imagined...
I am European and I live in the US. I would like to ask for more proof of your assertion that most of the tech on which big tech is built originated in Europe.
In the US it is taken for granted that there has been a virtuous cycle between public research money, research universities, venture capital and tech companies. My impression is that most of the tech originates in this ecosystem.
I believe most of those big companies fed from Europe but not only from a market perspective but from a technological perspective.
Contrary to what the media try to depict, most of the tech on which those companies are built were designed in Europe and most of the brain that lead them studied in Europe.
I believe Americans are the best to market an idea, as they mostly focus on optimizing for the product market fit. Which produce the biggest market capitalizations.
But long term planning is still mostly done in Europe as it's considered too expensive almost everwhere else in the world, particularly in the states where remnants from the cold war makes the concept of the government pooling money to fund big projects a politicaly incorrect idea.
So the next logical step will be that like last time Americans will not produce anything meaningful for next 20 years which will give the time to Europe to capitalize on their previous innovations and to produce the next generation of ideas, and the cycle will repeat.
But if we wanted to increase the pace of those innovations, some bipartite solutions could be imagined...