by Anura Guruge
on September 12, 2024

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I heard this getting talked about on ‘BBC News‘ this morning. In particular how the EU does NOT, as yet, have a single trillion-dollar company.

I knew that the ‘magnificent 7‘ was ALL U.S. But, I had not gone onto think about the EU, China, Japan, etc.

25 years ago, I used to point out that Japan had no innovative software companies. All the talent was in the U.S. and the ‘Mag 7‘ came from these U.S. companies that got going in the 1990s.

This is quite the thing if you think about it. It also means that the U.S. has a huge head start when it comes to AI.

Think about this. It is quite the thing.