[dividendpayee]

The article suggests heavily that, the way things are going, that's not going to be the case in the future. Right now, Europeans are still living off past prosperity, but if they don't build a real technology industry and innovate, then future Europeans will be much worse off.

[woodruffw]

> Right now, Europeans are still living off past prosperity, but if they don't build a real technology industry and innovate, then future Europeans will be much worse off.

As an American, I've heard some variant of this for literally my entire life.

Europe is technologically conservative in ways that the US is not. It's unclear that this has, is having, or will have any impact on the actual material wellbeing of the people who live there.

Compare life expectancy[1], or just about any self-reported QoL metric[2] (where the US doesn't perform badly, just not better!).

[1]: https://www.ined.fr/en/everything_about_population/data/euro...

[2]: https://www.oecdbetterlifeindex.org/

[marcusverus]

It seems odd that the Europhiles always fall back on such oblique support. Life expectancy, for example, is heavily impacted by things like demographics and obesity. The 'better life index' is literally editorial content. Its outcomes are driven by its creators' choices with regard to the wording/framing of their questions and the weights of the various components of their scores. The US, for example, has an average household net-adjusted disposable income per capita of >60% the OECD average.. but gets an "8.5" on income? Weird.

[meheleventyone]

It doesn’t really succeed in making that case though, there’s a lot of invective but few facts. If you used the same criteria as the author for the US outside of SV how does it compare?

And as for AI DeepMind is HQ’d in Europe!

[ethbr1]

> Today’s Europeans are not yet poor — they are still living off the prosperity created by prior generations, and that enables their passive consumption

Supported by something also said by others [7] https://www.economist.com/europe/2022/02/26/europe-is-the-fr...

The underlying issue seems to be an incompatibility between egalitarianism and inspiration to individual exceptionalism.

Why be great in Europe, if the rewards to being great elsewhere are better, and you can afford to relocate?

To benefit from European social benefits? If you're that successful, you've far exceeded that standard from personal wealth!

Consequently, you're stuck in a weird middle ground with misaligned incentives papering over a fundamental incompatibility.