When you say "our", do you mean "the median employee", tech workers, or some other group?
Because while this is true for tech companies, you must consider where that money comes from and how much (more) human suffering goes into it. I'd rather live in society where I make a decent living and people aren't (as) exploited.
edit, to add: I'm exaggerating to make my point clearer, but in these discussions I always get the distinct feeling that if the US still had slavery, American farmers would be making snide remarks about how uncompetitive and anti-business the EU is with all of our pesky regulations.
Meanwhile a vocal minority of European farmers would be pointing at the US, complaining about how much less money they make than American farmers, and pressuring our representatives to legalize slavery because otherwise we're all going to get left behind. In other words it all feels a bit absurd when nobody is considering the negative externalities of these policies.
This was in the context of innovation (or lack thereof), and this being a tech-website then, yes, I'm mostly talking about tech workers. One cannot have (tech) innovation while getting paid 5 to 10 times less (and in many cases I'm being generous to the European employers here) compared to what's happening across the ocean. That's why SAP is still a big thing in Germany and that's why Tesla (and then the Chinese) were able to eat Germany's car-software lunch.
