Europe dominated the world in intellectual and technological innovation during the age of of enlightenment and the industrial revolution. However, today, Europe has ceded that role to the United States, and to a lesser extent, east Asia. Interestingly, most of the top-10 richest people in the UK are real estate/banking barons, while most of the top-10 richest people in the US are innovative, self-made tech founders (same for China).
Why has this change come about? Have Europeans lost the spiritual hunger to innovate and discover? Any particular reason why innovation is mostly taking place only in specific parts of the world today?
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Europe dominated the world in intellectual and technological innovation during the age of of enlightenment and the industrial revolution. However, today, Europe has ceded that role to the United States, and to a lesser extent, east Asia. Interestingly, most of the top-10 richest people in the UK are real estate/banking barons, while most of the top-10 richest people in the US are innovative, self-made tech founders (same for China).
Why has this change come about? Have Europeans lost the spiritual hunger to innovate and discover? Any particular reason why innovation is mostly taking place only in specific parts of the world today?
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