Comment by roblabla

https://www.youtube.com/watch?v=u_N3-FKbi5c

https://www.cer.eu/insights/europe-has-produced-tech-champio...

https://www.investeurope.eu/news/newsroom/state-of-european-...

The tech sector represents 15% of EU's GDP. I currently work in the tech sector in europe, there's no shortage of companies hiring (both startups and enterprise), and anecdotally, from my personal network, enough startups are surviving the 5 and 10 years mark that I'm pretty confident there's enough new ideas/companies (as opposed to only having old/legacy enterprises) to ensure the good health of the sector.

Now, I will acknowledge that funding is more complicated in the EU compared to the US - but that's something that has been acknowledged by EU leadership and is being actively worked on. The Draghi report lays out a vision for how this can be achieved, with recommendation on what steps to take to achieve that vision. https://commission.europa.eu/topics/competitiveness/draghi-r...

So yeah, the tech sector is still well and alive in the EU, and there is reason to believe that it's going to get in an even better position.