‘Tech stagnation’ is impacting Europe’s future prosperity

The European Union gets a lot right. Healthcare, the rule of law, social welfare, art, culture, and more.

But when it comes to technological innovation and research and development, the EU is increasingly being left behind by the US and China.

The vast majority of apps and tech-based platforms that EU citizens depend on are US-made. And the all-dominating TikTok—certainly for younger generations—is from China and wields enormous influence.

The EU’s lack of innovation needs remedying if the bloc is to compete and hold its own in a 21st-century global—perhaps even interplanetary—economy and marketplace.

The @ESA is set on taking Europe’s story forward in a way that inspires and brings people along with it; the European Commission, Parliament, and Council appear less so, writes @jrfjeffrey.@RupertSheldrake | @AschbacherJosef | @ESA_History | @ESA_Euclid https://t.co/eYhrrcOdX8

— Brussels Signal (@brusselssignal) July 29, 2023

To read more Brussels Signal commentary on the EU’s technological innovation challenges click here.