Re:Europe is now a corporate also-ran. Can it recover its fo...
by pydry on Saturday June 12, 2021 @06:11AM
(#27483277)
My point was only that once an industry matures it starts to consolidate and demand huge amounts of capital to compete.
And, that software is maturing.
In much the same way Japanese automobiles didn't compete with US in the 60s by having a plethora of automobile startups started in peoples' garages. It was done with large companies copying American tech being plowed with lavish subsidies and a protected domestic market.
Europe will likewise not compete with American tech head on with small tech startups either. That ship hasn't quite sailed yet, but I don't think it's far off.
And, that software is maturing.
In much the same way Japanese automobiles didn't compete with US in the 60s by having a plethora of automobile startups started in peoples' garages. It was done with large companies copying American tech being plowed with lavish subsidies and a protected domestic market.
Europe will likewise not compete with American tech head on with small tech startups either. That ship hasn't quite sailed yet, but I don't think it's far off.
I hope I'm wrong.