This is kind of a FUD fueled false dichotomy, when the truth is we can't know if the EU doesn't have time or resources if it never tries.

What the US has that EU doesn't is the infinte money to throw in the bonfire at moonshot projects knowing that 99% will fail and the 1% will be hugely successful, but now the market is mature with less untapped opportunities, and the EU doesn't have to spend like the US did to achieve the same results, since we now know what works and what doesn't and how to make an Uber that's compliant with local regulations while using less money.