I'm from Sweden and I don't find much to object to there.

In Europe there are no global companies based on web technology, no Google, no Facebook, no Amazon. Previous tech booms have left little to show for it, I guess ARM is the shining example.

Some old companies have been pretty nimble and have been ccompetitive in new technology, like Ericsson and Nokia. But the landscape is utterly different from the US, and it is not for the better, there seem to be a glass ceiling for startups.

As long as Europe is so pathetic in tech, we don't deserve better than to read self-congratulatory stuff like that. Maybe it will even spur some competitive instinct...