autariocom

They all knew about the stuff that is coming out now (Jensen stepping down due to chinese spy stuff) and has been out and debated for a while now (circular financing) and money drying up as a result. Winter is coming...

Comment from a perma bear. So take it with a grain of salt. lol

If capability is intellecutal capability, then no. If you mean systematic capability, then yes, exactly. There are enough smart europeans to build anything. But it is rather - a lack of risk taking (i.e., culture), - a lack of incentivizes (i.e., if you take a risk, and it plays out, you benefit rather than everyone complaining how you can be rich at the expense of others), - a lack of funding risky ventures, - a lack of allowing risky ventures (i.e., politics don't allow you to do stuff because any kind of rare bat might live in close proximity). These rules make it way tougher than necessary, take longer, more compley, costly you name it...

That is the reason why europe is falling behind. System. Not people.