Économie et société Fact-check publié le 20/12/2024

✔ Aux US on a du pétrole ET des idées

Le post original

Last year, I moved from Germany to the US. One of the most striking differences here: Unwavering optimism. 𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐦𝐢𝐧𝐝𝐬𝐞𝐭: ❌ This is not possible! (...with 5 reasons why it will never work) 𝐔𝐒 𝐦𝐢𝐧𝐝𝐬𝐞𝐭: ✅ How can we make it possible? (...with 5 solution approaches) Markets reward optimism. Cultural differences are a huge contributing factor to the lagging innovation: 👉 Over the last 50 years, NO newly founded EU company surpassed €100 bn market cap. 👉 All 6 US companies valued >€1 trillion were created in that period. 👉 20 largest companies worldwide: Europe: 1 ; US: 16 There are other structural issues, but Europe takes 'problem obsession' to a whole new level: European Commission: 3 years for the AI Act, ChatGPT: 2 years for 300M weekly users. Data: 2024 recap, Tony Pasquariello (Goldman Sachs) #startups #europe #innovation #venturecapital
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Le fact-check

✔️ Partially true... about corporate governance. The figures concerning companies are coming from the Draghi report on the decline of the European economy compared to the USA and China’ ones. Disruptive companies struggle to break through in Europe due to a lack of efficient investment. https://tinyurl.com/ye275yzz In addition to the mindset, the report highlights the lack of private investments (two times higher in US compared to Europe), fragmented public investment, and insufficient standardization across Europe. https://www.futuribles.com/sur-le-decrochage-economique-europe-etats-unis/ Other key reasons behind the strong American performance include cheap fracked oil and immigration. https://www.agefi.fr/news/economie-marches/tribune-relue-le-decrochage-de-leurope-simple-conjecture-ou-triste-realite Looking ahead, if the EU does not take action soon, China will also overtake us. In short, we seem stuck between the Chinese rock and the American hard place (Le marteau et l’enclume pour notre fanbase française)

Historique

2 étapes
17 déc. 2024 • 09:11

Post Reçu

20 déc. 2024 • 18:17

Publication

✔️ Partially true... about corporate governance. The figures concerning companies are coming from the Draghi report on the decline of the European economy compared to the USA and China’ ones. Disruptive companies struggle to break through in Europe due to a lack of efficient investment. https://tinyurl.com/ye275yzz In addition to the mindset, the report highlights the lack of private investments (two times higher in US compared to Europe), fragmented public investment, and insufficient standardization across Europe. https://www.futuribles.com/sur-le-decrochage-economique-europe-etats-unis/ Other key reasons behind the strong American performance include cheap fracked oil and immigration. https://www.agefi.fr/news/economie-marches/tribune-relue-le-decrochage-de-leurope-simple-conjecture-ou-triste-realite Looking ahead, if the EU does not take action soon, China will also overtake us. In short, we seem stuck between the Chinese rock and the American hard place (Le marteau et l’enclume pour notre fanbase française)

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