Wake up, wake up! We need innovation and a united Europe otherwise China and the USA will soon have left us behind.

Wake up, wake up! We need innovation and a united Europe otherwise China and the USA will soon have left us behind.

Concerns about the future of Europe:

At the Markus Lanz Talks on Tuesday evening, technology expert Frank Thelen explained why Germany and Europe are increasingly losing out in terms of innovation.

Hardly anyone in Germany can explain the future as well as Frank Thelen, at least when it comes to technical innovations.
Markus¬†Lanz’s¬†talk¬†show¬†on¬†late¬†Tuesday¬†evening¬†on¬†ZDF¬†was¬†about¬†nothing¬†less¬†than¬†the¬†future¬†of¬†Europe.
In addition to the Cave of the Lions”; investor, business journalist Anja Kohl and publicist Wolfram Weimer were also guests.
Thelen drew a gloomy picture of the old continent: All industry experts know what the next five or six future technologies will be,
in which 100 billion heavy companies will emerge.

But there will be no Europeans

As examples of future technologies, the 43-year-old cited 3D printing, blockchain, quantum computers and Hyperloop as the high-speed means of transport of the future.
Unfortunately, there are no Europeans and fewer and fewer Americans involved in these new techniques.
According to Thelen, China and other Asian countries would invest much more, faster and more courageously.
We¬†are¬†a¬†weak¬†Europe¬†and¬†that¬†is¬†bad, because¬†we¬†need¬†a¬†strong¬†Europe¬†so¬†that¬†we¬†can¬†renegotiate¬†worldwide¬†–¬†on¬†climate¬†and¬†other¬†issues,”;¬†said¬†Thelen.

My¬†heart’s¬†bleeding¬†–¬†and¬†I¬†don’t¬†want¬†to¬†see¬†it

The investor became more concrete with the example of the new 5G data network.
This makes every light bulb that has such a 5G chip virtually infinitely intelligent. The 5G network is not a European technology.
All¬†we’re¬†building¬†is¬†Chinese¬†technology.
We¬†are¬†largely,¬†if¬†not¬†completely,¬†dependent¬†on¬†Chinese¬†suppliers¬†because¬†we¬†no¬†longer¬†have¬†this¬†innovative¬†power “Made¬†in¬†Germany”;
According to Thelen, the hanging will happen in concrete steps over the next ten years. Then Europe will be weak at some point.

My heart is bleeding – and I don’t want to see that. Thelen also gave praise:
We¬†have¬†great¬†research¬†in¬†Europe¬†and¬†in¬†Germany.¬†But¬†we¬†can’t¬†mobilize¬†enough¬†capital¬†to¬†create¬†really¬†big¬†corporations.

In¬†fact, as¬†co-checutant¬†Wolfram¬†Weimer¬†brought¬†into¬†the¬†discussion, there¬†are¬†no¬†Europeans”;¬†among¬†the¬†20¬†largest¬†digital¬†companies¬†in¬†the¬†world.
Weimer: We’re¬†one¬†of¬†the¬†richest¬†countries¬†in¬†the¬†world,¬†there’s¬†a¬†lot¬†of¬†capital¬†around, but¬†we¬†can’t¬†get¬†the¬†money¬†mobilized¬†in¬†industry.
Thelen’s¬†demand¬†for¬†Markus¬†Lanz¬†was¬†also¬†clear:¬†Germany¬†would¬†need¬†an¬†investment¬†package¬†that¬†would¬†invest¬†many¬†billions¬†in¬†future¬†technologies.
This is the only way we can avoid being completely left behind in the near future.

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Dipl. Ing. Jan Schmidt

For many years I have been writing articles for the area of ‚Äč‚Äčcompany exchange, company succession, company sale and company purchase. I am an M&A expert and a passionate consultant. In HR consulting, I am an executive search headhunter.