The global IT outage exposed Europe’s dangerous dependence on US tech
It’s a taunt that’s reiterated to the point of cliché: Europe is a good place to start a tech business, but a bad place to scale one up. The causes are contentious but their impact is undeniable. None of the 10 most valuable tech firms in the world are in Europe. The US, meanwhile, is home to eight of them. Inevitably, that builds dependencies on digital services from across the Atlantic. Our businesses, our public services, and our critical infrastructure all depend on big tech companies. We are all at the mercy of their whims, their weaknesses, and their rulers. When…This story continues at The Next Web
It’s a taunt that’s reiterated to the point of cliché: Europe is a good place to start a tech business, but a bad place to scale one up. The causes are contentious but their impact is undeniable. None of the 10 most valuable tech firms in the world are in Europe. The US, meanwhile, is home to eight of them. Inevitably, that builds dependencies on digital services from across the Atlantic. Our businesses, our public services, and our critical infrastructure all depend on big tech companies. We are all at the mercy of their whims, their weaknesses, and their rulers. When…
This story continues at The Next Web