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Prof G MarketsThe AI Bubble Is Real — Here’s...

The Economist published an article highlighting that Europe lacks a single company in the global top 25, while the US has 20. The article suggests that Europe's risk-averse culture, partly due to expensive severance costs, hinders innovation.

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The East Coast and Europe missed the Silicon Valley model due to a lack of the same frontier spirit and risk-taking culture.

The East Coast and Europe haven't replicated Silicon Valley's success due to a lack of high-trust environments and fear of missing out, which drive risk-taking.

The East Coast and Europe missed out on the Silicon Valley model due to a lack of frontier spirit and risk-taking culture.

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a16z PodcastCheeky Pint: Marc Andreessen, ...

The East Coast and Europe haven't replicated Silicon Valley's success due to a lack of 10,000x returns and a high trust ecosystem, which are driven by the fear of missing out.

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Prof G MarketsThe AI Bubble Is Real — Here’s...

Scott Galloway argues that America's ability to hire and fire easily contributes significantly to its innovation. He believes that the freedom to fail and take risks gives the US an edge over Europe.