Damn! I forgot about all that! But yeah, the world is built on European technology. They're just not as good at capitalizing on it. Being American, I have no first-hand insight to why that is. I know what people say, but I don't know how much to trust that.

As a German, I would guess on the one hand, there's not enough digital skills in the broad population. Also, entrepreneurs historically tended to flock to classical engineering roles (= making internal-combustion cars).