There are only a few factors driving this and they are very hard for Europe to solve: - the Bay Area an industrial cluster not comparable to anything we had before due to the scalability and the capital requirements of the products - the US market, the most powerful consumer market in history allowing massive economies of scale at companies, companies can work with a much higher productivity level - capital markets that can finance the most outlandish ideas - better demographics - less crisis and russian intervention (Brexit, Syrian war, Ukraine war are all part of Russias attacks) - bureacracy and regulations are totally overvalued as a factor, definitely something we should solve, but the EU would not be a tech leader without GDPR