DECLINE IS A CHOICE: Europe could face a ‘century of humiliation’ warns CEO of Nvidia rival, who says startups fare better in America.

European technology startups would have more success if they upped stakes for the States—at least, that’s according to British chip designer Graphcore’s chief executive, Nigel Toon.

“We’d probably have it easier if we moved to the U.S.,” he said in an onstage interview at the Bloomberg Technology Summit in London on Tuesday.

Why? Because, according to Toon, there is just more investment and support for computing technology across the pond.

Toon even went as far as to say that the U.K. and Europe could enter a “century of humiliation” if they fail to invest enough in new technology.

Pointing to China’s mediocre growth during the industrial revolution, he added: “We risk, as the U.K. and Europe, being left behind in this technology war.”

Most European innovations in recent years seem to consist of EU regulations meant to suck funds and fines out of foreign tech firms.