Depends on your definition of "tech", see e.g. Airbus.
Depends on your definition of "tech", see e.g. Airbus.
One single successful company can't sustain the tech economy of a continent.
Even if they lost the commercial aviation crown after Boeing's flops, the US still has far more local champions with insane margins successful in other critical areas (military, web services, mobile, cloud, GPUs, AI, CPUs, etc) than the EU could ever dream of.
I'm sure working at Airbus or ASML is nice but those two companies can't employ all of EU's tech workers and fund EU's monetary deficits, especially since both are registered in the NL tax heaven.
Parent is saying "don't be complacent".
In the mid to late 20th century, Europe has a deep & diverse industrial base. Public infrastructure projects like high speed rail were world leading. Western Europe had a military industrial base genuinely competitive with the US.