I'm not an expert so this is entirely armchair reasoning, but I can think of a few factors.
We don't have a culture of crazy investors, nor one of hypergrowth - I mean how many US startups went from nothing to a $1B valuation or takeover in a year, maybe two after they first started making waves?
Wages are not as crazy. Neither is cost of living, but it does mean the most talented people will pursue a career where the pay matches. Anyway when you consider things like income taxes going to a government that doesn't spend more on the military than any other country, socialist policies, and sane health care, it does even out a lot.
It's not as much of a union as they want to make believe. Anything that grows to a certain size will deal with a lot of international headaches. Freedom of movement and trade has made things a lot easier (something the UK wasn't aware of apparently, probably still stuck in English exceptionalism, and they're getting fucked over left and right because of it at the moment).
I mean one project going on right now is "they" are trying to build a EU focused AWS / GCE competitor, but instead of empowering or investing in a single company, or letting the market work for a company to rise in the ranks, they're making it some big international semi-government affair, where each country is fighting hard to protect and promote their interests. It's turned into not a technical or business challenge, but a political one. I mean I'm a complete fuckwit myself but give me a few billion in spending money and absolute power and I'll build you a secure EU cloud provider.
Random counterpoints: how many US hardware startups managed to have hypergrowth. How many US hardware startups are involved in chip fabrication, period?
Taiwan doesn't have either crazy investors or hypergrowth. I suspect the chip hardware business requires many years of steady-but-compounding growth.
As for the AWS/GCE competitor: I suspect the policy goal is not to have one platform/product in X years that will soon be outdated. Rather, it's to nurture and grow a competitive domestic ecosystem that is self-sufficient. That way, you may have dozens of AWSes in thr future that keep you on the leading edge (not just inplementors)
We don't have a culture of crazy investors, nor one of hypergrowth - I mean how many US startups went from nothing to a $1B valuation or takeover in a year, maybe two after they first started making waves?
Wages are not as crazy. Neither is cost of living, but it does mean the most talented people will pursue a career where the pay matches. Anyway when you consider things like income taxes going to a government that doesn't spend more on the military than any other country, socialist policies, and sane health care, it does even out a lot.
It's not as much of a union as they want to make believe. Anything that grows to a certain size will deal with a lot of international headaches. Freedom of movement and trade has made things a lot easier (something the UK wasn't aware of apparently, probably still stuck in English exceptionalism, and they're getting fucked over left and right because of it at the moment).
I mean one project going on right now is "they" are trying to build a EU focused AWS / GCE competitor, but instead of empowering or investing in a single company, or letting the market work for a company to rise in the ranks, they're making it some big international semi-government affair, where each country is fighting hard to protect and promote their interests. It's turned into not a technical or business challenge, but a political one. I mean I'm a complete fuckwit myself but give me a few billion in spending money and absolute power and I'll build you a secure EU cloud provider.