Europe has a golden chance with the current mass outflux of talent from the US and I really hope we grasp it. I just don't see my country (NL) doing that as our political class are nearly as stupid as the Americans.
The broader business world isn't "big tech", but it's still bigger than it.
They would never have been the success they were in the first place without California. It was the culture, the conditions (no non-competes) and the lax regulation (non-enforcement of rules aimed at avoiding monopolies which allowed Facebook to buy any emerging competitor not owned by the Chinese government) which created them.
Up until the 2010s the US was generally pretty good with EU & EU adjacent. It’s likely to return too, as there remains a strong societal will for it.
I ask this - which has the more persistent track record of a free or more free society?
I think recency bias and online discourse has polluted perceptions.