351–360 of 562 posts
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> There is for example no way a Swedish mapping company could have competed with google maps An Israeli one did.
In Russia we have several successful competitors to Google Maps and even a search engine that's actually good. Competing with Google is extremly difficult, but possible
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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…
Europe isn't able to compete with American tech salaries, plain and simple. American tech salaries, on the other hand, are inflated by exaggerated tech stock valuations.
How does a company’s stock price affect salaries? Companies only receive capitalization (via stock) at IPO.
Stock market valuations do enable higher total comp through RSUs / options.
Eric Schmidt is a household name around here. Doesn’t mean I give a damn about what he thinks. > Dr Schmidt, who is currently the Chair of the US Department of Defense's innovation board, said he thinks the US is still ahead of China in tech innovation, for now. “Invest in my next project now, before it’s too late!” is what I read it as. Edit: let me clarify. Innovation isn't zero-sum. I believe America is the most f…
The United States balances innovation with ethics ? The people of Hiroshima or the victims of agent orange might have something to say about that.
You know what I found most fascinating about the Hiroshima memorial in Japan? They go on about how bad the bombing was but literally have a statement to the effect that if Japan was invaded they would have fought to the last man, woman and child. Millions would have died on both sides and the country would have been a wasteland. So unpleasant as it is, sometimes ethics does require the lesser of two evils as there is no good choice.
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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 like your points and agree on your conclusion. 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…
To stay competitive Europe needs unity in the political process, defense and border security for example, and not in regulations in economy, finance, immigration etc, which are excessive already.
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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…
Europe has the single market, and lots of English speakers. But it also has very conservative capital and tax and employment systems that make entrepreneurship difficult. Some of that is easy to fix, some hard to fix.
The rate of new business creation is higher in Europe than the US. I would guess that the US has more venture-backed entrepreneurs, but more businesses are being start by Europeans than Americans.
“The net rate of business creation among the EU economies has been over three times faster than in the USA and Canada since the financial crisis, according to research by RSM International, the seventh largest global network of independent audit, tax and consulting firms.”
== https://www.businessawardseurope.com/news/item/rate-of-new-b...
A 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.
> A reminder that Google's revenues come almost completely from ad technology that they bought (from Doubleclick, IIRC). 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.
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Weird examples. The US has demonstrated an ability to develop nuclear weapons (deep technical advancement) as well and it has developed datasets on millions of people (see the Snowden revelations). How and why are you dismissing the ethical costs in this case?
The cost of innovation in crude governments of faith (Dictatorships, Tyrranies, etc) is measured in starvation, famine and deaths in the population. The cost of innovation in modern governments built on systems (socialist or capitalist democracies) is a lot of squaking about the innovation and its uses. The cost of the NORK's replicating nukes and China's profiling their citizens contrasts with the US in that those c…
However the people there are ironically submissive, dictatorial, flexible and long term thinking. Every now and then magically CCP would adopt some bottom up Suggestion and turn it to top down strategy that does the right thing
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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…
Linux was developed by finnish guy and the www protocol was developed by a brit.
Anyone else find it ironic that Google is the subject of one of the biggest anti-trust cases in recent history, and now Schmidt is blaming the US for not innovating enough? Maybe if so much of the tech industry's wealth and resources weren't pooled together into a handful of massive monopolists who have nearly complete control over whether any competitor lives or dies, the US (and really, the entire world) would have…
Whats worse is Google wants all their software to be as intangible as possible by forcing it all on their servers. Google hasnt had many desktop apps you can use without their servers involved in a long time. I dont consider Chrome a desktop app since it is their own OS and the new IE based on its hostility on the web to build up a Google Monopoly.
Given that Schmidt is an intelligent person capable of parsing logic, is it fair to ask if he has ulterior motives here?