ASML is just an example of a complicated, competitive, hi-tech leading company coming from Europe. None of the competitors you listed are on par with ASML at the moment as you said. So we've established Europe can actually make tech critical competitive products (sorry for being hung up on ASML, I live in the Netherlands so that example comes to mind)
As for the government vs private venture, I cannot say it's set in stone. China is developing crazy ass infrastructure and companies, all very techy, and none of it is free market. So we've had bad precedents like USSR but also contradicting successful examples like China.
Also - Europe doesn't have to make Gaia-X BETTER than AWS. It doesn't have to become a 1T dollar market cap company. It just needs to do it's job and reduce reliance on China and U.S , that is the whole goal.
and companies, all very techy, and none of it is free market
Whoa - sorry but that just isn’t true. Other than Huawei which is a Trojan horse for Chinese intelligence services, none of the dynamism in the Chinese economy is happening in state owned companies. NONE! Look at Tencent or Alibaba or Xiaomi or DJI or any of the big Chinese tech leaders. Or look at SMIC - they guys ASML we’re going to make that big sale to! NONE of these are state owned firms. If you seriously think that any of what’s happening now in China is any kind of a counterpoint to the abject failure of the planned economy, I can’t help you.
Maybe Gaia-X will be a success - but it is as I said - making a successful venture is always against the odds. But private industry will realize that sooner and waste less capital on failures. Public funding takes years past clear failure to turn off the money spigot. Good luck!
As for the government vs private venture, I cannot say it's set in stone. China is developing crazy ass infrastructure and companies, all very techy, and none of it is free market. So we've had bad precedents like USSR but also contradicting successful examples like China.
Also - Europe doesn't have to make Gaia-X BETTER than AWS. It doesn't have to become a 1T dollar market cap company. It just needs to do it's job and reduce reliance on China and U.S , that is the whole goal.