The problem with this view is that it actively obscures the central role that neoliberalization of academic institutions plays in these formations of quality. So I'll give a logical argument: the US remains the most powerful nation on Earth, and it "in-sources" the world's talent to maintain and reproduce its scientific and technological leadership. Inasmuch as political conditions are changing, European neoliberalized academia shall change and develop as well.

Pointedly, I don't define results or leadership as "research output". I mean who was responsible for Crispr? For LLMs? All roads lead to Rome; but today, empires also change shape and form.

The US has had to share its scientific leadership for some time already, and China is now seriously challenging its technological leadership. It continues to attract foreign academic talent, mostly because its academic salaries are less competitive against industry salaries than in other developed countries. Because Americans are less likely to pursue academic careers, it's often easier for foreign academics to find opportunities in the US than in other countries.

Who was responsible for CRISPR is good question (I'm less familiar with the advances leading to LLMs). There was a series of incremental advances building on each other from at least Japan, Netherlands, Spain, Germany, the US, France, Sweden, and Lithuania. And the Nobel prize was shared between an American researcher working in the US and a French researcher working in Sweden (and later in Germany).