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A comment on U.S. tech stocks are now worth more than the entire European stock market. Parent comment

Re:U.S. tech stocks are now worth more than the entire Europ... by Ericson2314 on Friday August 28, 2020 @01:53PM (#24307884)
Well the US only got cozy with big tech after it got big, not actually that different than EU policies you mention being around only existing big industries like automotive.

Only China has taken active steps in fostering those companies from nothing.

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Re:U.S. tech stocks are now worth more than the entire Europ... by wil421 on Friday August 28, 2020 @02:40PM (#24308495)
Big tech has been around for a long time it’s Big Tech FANG that’s new. Apple and Microsoft are not new companies. IBM is old school big tech that’s been cozy with the US Govt for a very long time. Fairchild was big with the government before they produced their first silicon integrated circuit.
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Re:U.S. tech stocks are now worth more than the entire Europ... by Ericson2314 on Friday August 28, 2020 @04:02PM (#24309303)
The Fairchild days would be the general military industrial complex at work, and it's emphasis on R&D, not a special affinity for the modern tech company. Europe also has its privileged deference contractor.
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