There's nothing special about US software engineering vs. software engineering made elsewhere from a purely technical and know-how point of view.
The key difference is availability of capital and appetite for risk that make US exceptional by enabling a speed of scaling and execution not possible anywhere else (well, other than China).
If US companies that can't be bothered to follow EU laws leave the +500M people market that is the EU, I'm positive some other equally competent alternative (local or otherwise) would appear sooner or later to fill in the gap.
There's nothing special about US software engineering vs. software engineering made elsewhere from a purely technical and know-how point of view.
The key difference is availability of capital and appetite for risk that make US exceptional by enabling a speed of scaling and execution not possible anywhere else (well, other than China).
If US companies that can't be bothered to follow EU laws leave the +500M people market that is the EU, I'm positive some other equally competent alternative (local or otherwise) would appear sooner or later to fill in the gap.