This feels like a faux-woke way to justify workers being paid less. The subtext here is that European workers can't be paid more because of overhead of various public services, and I don't think that's true. If there were a few big European companies closely located that were hiring as much as SV tech hired, I think wages would go up. Not matching US salaries, but some.

I really don't know anything, but I guess Germany where I would expect that to happen. If some self driving car related company funded by idk, BMW or Siemens or someone tried to scale up really fast. The other day people were mocking the EUs program to encourage European semiconductor tech, but I think Neural Network accelerator chips are still a niche that new companies could develop in.