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I think there is a non-zero chance that Europe stumbled into an optimal scenario where they avoided all the losses incurred by US companies, but still benefit from the research. Having said that, doing so would require moving at the exact right time.
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I wouldn't underestimate the capability of European companies to build rock-solid industries on established science. We may not be the pioneers wedging new product categories into the market, but there are millions of highly qualified people here, working hard every day.

For example, Mercedes autonomous driving team is moving ahead at glacial speed, but the system they have so far is excellent and reliable. I'd prefer that over the sad joke Tesla is promoting any day.

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Sure some people like to make less money and pay more taxes for ideological reasons. I respect that.
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I like to make less money and pay more taxes for higher quality of life reasons. Sure I could go to America and have more many in my pocket by eating mcdonalds every day, but I'd rather eat amazing high quality food and have less money in my pocket.
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what country is that ? I'm just curious as most European coworkers I have spoken to have not so nice things to say about EU and their country.
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