Earlier quoted context omitted.
What metric are you basing this determination on? Is it purely about “big tech”? It seems from my perspective that most European countries are pretty decently innovative, in particular with a variety of companies offering advanced engineering and technology services. Is there actually a lack of innovation, or is it specifically a lack of “innovation” in the “there is no Airbnb so Europe sucks” sense?
I think it's more of a case of "most electronics and everything that runs on it is not made in Europe". I'm a European posting on an American company's forum using a browser made in the US running on an operating system made by an American company running on a phone designed and built in China with components made in a variety of countries that aren't in Europe. The same goes for using a desktop PC. Even most of the…
Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation
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Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation
#242I am always curious what people think about the following subject: Do you believe patents promote innovation or hamper it? Certainly some business models are dependent on patents and intellectual property restrictions, but do you think it actually promotes innovation? My own observation has been that with the 3D printer for example, innovation was stagnant for the 20 years that they were under patent. Once the patent…
I think the makers would still make without patents. I know that I do.
Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation
#243A reminder that Google's revenues come almost completely from ad technology that they bought (from Doubleclick, IIRC). Google has stuck its fingers into hundreds of pies since then, to its credit, and has found that innovation is difficult, unpredictable, and expensive.
Google gets more ad revenue from Search than they do from all other ads put together. So if we follow the money they are still a search company.
Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation
#244Earlier quoted context omitted.
A big part of the Chinese education strategy has been to send lots of students to US universities to get advanced degrees and take that knowledge back to build China.
And to ensure that manufacturing moved to China! Or at the very least, proximate to its geographical sphere of influence. Honestly, it was a brilliant move on their part. Everybody seems to focus on university, but there is a lot of very hard-won know-how at the technician level of the manufacturing sector. Most of this is difficult-to-impossible to codify, and tends to pass both cohort-to-cohort, and via professiona…
>> And to ensure that manufacturing moved to China!
Of course they did. But, to be fair:
1) Those students were not educated for free. They paid big money for it, and the universities were happy to grab the money fast
2) Some of this people were forced to go after their student visa expired. They could not work in US without a permit and were forced to exit. How to blame them for using their degree or creating a company in their own country later?
They shouldn't be seen as neither serfs nor slaves; technically they don't owe anything to US.
Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation
#245Tangential, since this article is about the US and China. But if the US has dropped the ball, then Europe (or the EU specifically) didn't even bother to go to the game. The only thing we're innovative at is coming up with regulations. And I say this as someone who thinks the US tech sector should be under much heavier regulatory scrutiny.
There‘s not enough funding and risk money in europe to play the game with the big ones. Europe is sadly completely risk averse. You only get big money if it is sure you succeed.
Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation
#246Earlier quoted context omitted.
There was still not that long ago an incredible amount of innovative companies and products in Europe. But at that time companies were still built for their home markets first and on that regard the USA is big and unified. Since software is mostly winner takes all it means that when the USA companies came to Europe they had already won the USA and could steamroll the local competition There is for example no way a sw…
> There is for example no way a swedish mapping company could have competed with google maps Not Swedish, but Danish founders, working in Australia. Google purchased the company and made it google maps
Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation
#247Earlier quoted context omitted.
The United States balances innovation with ethics ? The people of Hiroshima or the victims of agent orange might have something to say about that.
The people of Hiroshima were building submarines and torpedos, supplying an Imperial Japan Naval base, and supporting a war that Japan declared on the United States. And wouldn't stop doing so until destroyed, whether with conventional or nuclear bombs.
Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation
#248Tangential, since this article is about the US and China. But if the US has dropped the ball, then Europe (or the EU specifically) didn't even bother to go to the game. The only thing we're innovative at is coming up with regulations. And I say this as someone who thinks the US tech sector should be under much heavier regulatory scrutiny.
There was still not that long ago an incredible amount of innovative companies and products in Europe. But at that time companies were still built for their home markets first and on that regard the USA is big and unified. Since software is mostly winner takes all it means that when the USA companies came to Europe they had already won the USA and could steamroll the local competition There is for example no way a sw…
Further, I would like to add a few ideas:
- innovation in Europe can only scale if we achieve a higher degree of unity in Europe, including one common language, one common jurisdiction and law framework. Localization is just too expensive in Europe and hinders scaling.
- a certain degree of protectionism is good. I am a big fan of how China made it. They have a really fantastic digital landscape that is superior in so many areas compared to Europe (if you exclude the data privacy issue)
- reliance on the old economy is bad and this is a political decision.
- too many people are too scared of new technologies and want things "how they used to be". This is bad and is typical for many Europeans, especially here in Germany. Cultural change must happen but you cannot force it.
Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation
#249Earlier quoted context omitted.
There was still not that long ago an incredible amount of innovative companies and products in Europe. But at that time companies were still built for their home markets first and on that regard the USA is big and unified. Since software is mostly winner takes all it means that when the USA companies came to Europe they had already won the USA and could steamroll the local competition There is for example no way a sw…
I think the arguments for Europe being less innovative or risk taking is because these companies seem to start first in the US and then come to Europe, not the other way round.
Put it this way: if products depend on viral growth, then European countries are socially distanced from each other as a result of these barriers.
Re: Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation
#250Google search is controlled by large (Chinese) botnets. Given that Google has >= 90% of the search market, the ball seems dropped right there. For instance, a botnet includes thousands of sites including xxxcommitted, pornsextube, qastack, thecouponholiday etc edit: thanks for down vote Xi