posted in Technology
US tech giants warn Europe that ditching US tech giants could cost €115B
www.theregister.com/paas-and-iaas/2026/10/14/us-tech-giants-warn-europe-that-ditching-us-tech-giants-could-cost-115b/5303031🥱2
Replying to @JensSpahnpasta@feddit.org
Even if it where true: That is money well spend. 115 billion over 10 years is not that much for 27 countries combined anyway.
Afaik the EU27 public expenditure for 2025 alone was 9.32 trillion[1]. So we are talking about ~11 billion a year vs 9.32 trillion which is ~0.1% of public expenditure of the EU27. I think if we want we can handle that.
[1] ec.europa.eu/eurostat/databrowser/view/…/table?la…
Edit:
Am I right in thinking that the study does recognize a spending shift towards the EU but doesn’t treat that shift as an offset against the 115 billion?
Replying to @SapphireSphinx@feddit.org
Don’t forget all the new local companies and jobs that will pop up to keep their systems online.