It created a lot of jobs. It just didn’t get the usual network effects of having a lot of people employed because they were all incentivized to stay working at these big tech firms.

The solution is to make it easier for said tech employees to form their own tech startups using local talent. That way they’re likely to break away from US tech and forge their own paths.

I don’t know what the situation in Ireland is for starting such business but clearly it isn’t in great shape. The government obviously focused on the big players at the expense of the small (local) ones.