Things won't happen overnight, but this is a big push for Europe to get its act together regarding tech. And if Europe can't manage it, there's also China. If the US becomes a dictatorship, then Europe might as well turn to Chinese tech, since they at least seem more stable and sane.
Oligarchical & oppressive dictatorships do tend to have some guise of stability; though whether that aligns with Europe's values more than American values depends most on how far Europe has fallen, and how much gaslighting they're willing to do to themselves and their people. I tend to believe Europe is better than that; as JD Vance said in Munich this week: If your democracy can be bought for a few hundred thousand in online ads, it must not have been very strong to begin with.
Europe also has the express disadvantage of having a rather combative and expansionist nation to their east, who is allied with China. It relies on the United States for something like 70% of aggregate defense spending in NATO. I think we'll see those numbers shift, I hope we do, but as you say: It won't happen overnight.
But sure; if you feel that the country which participates in the systematic forced labor imprisonment and forced organ harvesting of ethnic minorities is a better cultural ally than the United States, even considering what the United States has done recently... well, maybe JD Vance is right.
My hope is, genuinely, as you first say: Europe needs to get its act together and become more self-sufficient. That's been a major topic of Trump's, and it would ultimately benefit the world, most of all Europe.