Europe needs to roll back all of the socialism if it wants to compete with the US and China. European tech is never going to keep pace if the people who build it only work 35 hours a week and take a year of paternity leave every time they have a kid.
How do they compete for actual tech then? Like Airbus.
- 35h a week, doesn’t prevent engineers from working more legally (most do) - with the age of AI code velocity is no more about time spent, but fresh brain - And much much more important, it is significantly more efficient to have an employee 10 year in one place than 2 years in 5 places. What could explain higher US turnover than europe, you think?
With decades of education cuts, top STEM researchers leaving the country, and immigration coming to a halt, I think you overestimate the future competitive position of the US.
Here’s the difference between US and Europe: in US tech, productivity gains due to AI will lead to lower employment and higher expectations for the remaining employees. Salaries will remain the same and any increases in profit will of course go straight to the capital owning class. It will continue to be great for a vanishingly small number of people. On the contrary, Europe’s “socialism” makes them well-prepared to deliver the same level of productivity with AI using more people working fewer hours. And their “socialist” attitude toward where that value should go will result in an increased standard of living for everyone. You know, like the AI utopia we’ve all been promised.
No we do not need to roll back on our humanity. The US population however really need to wake up and start unionize and vote for politicians that are not big orange incompetent babies.