This problem will never get fixed. The author forgot to mention in depth the main reason why EU isn't even in the game: culture. In order to be innovative and compete, we need very flexible working laws, people with a big growth mindset, a less relaxing lifestyle and AMBITIOUS people. A lot of third world countries are years ahead of the whole EU continent in that aspect. I say this because I live in Europe for the q…
> In order to be innovative and compete, we need very flexible working laws, people with a big growth mindset, a less relaxing lifestyle and AMBITIOUS people. And yet Silicon Valley lies in one of the states with the most employee friendly regulation in the US wrt worker protection, paid overtime etc.: https://s3.amazonaws.com/oxfam-us/www/static/media/files/Bes...
This keeps the companies competing.