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Ask HN: Do US tech firms realize the backlash growing in Europe?

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Re: Ask HN: Do US tech firms realize the backlash growing in Europe?

#261
post #187

I am European and I've never even seen anyone talking about it outside the internet. Majority of people do not know and do not care.

I am also a European and I've seen people outside of my tech/privacy bubbles talking about moving for example off of WhatsApp for the first time.

Re: Ask HN: Do US tech firms realize the backlash growing in Europe?

#262

I think it depends a lot on what happens in the elections 2 and 4 years from now. The world may forgive or may be very well justified in their turn. I’m in the enterprise space and there’s not a lot of open acknowledgement of changes yet. I don’t think my particular company thinks there’s a way this is good for them. To some degree I think it’s being treated as yet another line item in the long list of things that ne…

He already said before he won that this would be the final election. If we could rely on things going as they should then we could already rely on them listening to the courts for example. That's exactly why it's worrying, the rule book is being ripped up.

Re: Ask HN: Do US tech firms realize the backlash growing in Europe?

#263
post #97

Earlier quoted context omitted.

LLMs are something everybody can reproduce with enough money, as shown by Musk itself recently: in one year they have Grok3 which is a SOTA model, without having particular talents or innovations, just following the recipe everybody else is using (and this is why you see new companies competing with established companies: all are training transformers with a lot of tokens, basically). So Europe can have their LLMs as…

> So Europe can have their LLMs as well: the important thing is to relax this stupid AI act But you're kind of showing here why Europe doesn't have the software innovation America does. Americans are not inherently smarter or more capable of doing innovative things than Europeans. It's just that whenever a European wants to do something interesting, there's a handy European regulation making it harder or less profita…

As a European I rather have the regulations than the AI to be honest.

Re: Ask HN: Do US tech firms realize the backlash growing in Europe?

#264
post #28

Is the backlash worse than the Bush invasion of Iraq in 2003? Is it worse than the first Trump administration? Genuinely curious. The reality is the 50% of voters who DID not vote for the current president are just as shell shocked as the Europeans. Only we KNEW it was coming.

Oh yes. Much worse. Those times it was an intellectual resistance. This time it is visceral. We are seething angry.

Re: Ask HN: Do US tech firms realize the backlash growing in Europe?

#265
post #229

I've sold all my holdings in US companies to instead invest in STOXX Europe 600 alternatives. I know others here in Sweden that have said they have done the same. In Sweden, Russia has always been the enemy. My prediction is that France and Germany will soon join the Joint Expeditionary Force (JEF) and it will be the end of NATO. UK will probably join the Maximator intelligence alliance. The death of Five Eyes and NA…

Enjoy underperforming the markets

Except European markets are up while American markets are down since Trump was elected. Especially military industrial stocks.

Re: Ask HN: Do US tech firms realize the backlash growing in Europe?

#266
post #219
post #202

Earlier quoted context omitted.

In Europe? I believe it works better in the US. Elsewhere in the world it’s still practically useless, yet they’ve been selling it for years on the pretense that it’s just around the corner. Cruise control on a Volkswagen is smarter than “FSD” on a Tesla. It’s just sad for a 7,500 euro feature.

They probably should not have offered it in Europe until they figured it out in their home country. Too many different things to handle in all the different countries.

Yeah but they did, and now the Europeans hate them. They ripped people off and people are pissed.

Re: Ask HN: Do US tech firms realize the backlash growing in Europe?

#267
post #107

Earlier quoted context omitted.

Sure, here from a german public broadcaster[1]. The political work for it is being done right now. However, I reread my comment and realized, it could be interpreted as "actively working at the weapons" instead of the political framework. My apologies in that case. [1] https://www.zdf.de/nachrichten/politik/deutschland/nuklearwa...

Thanks, that's helpful! To break it down for others: Germany is considering making a similar deal for sharing with France as it currently has with the US. So it wouldn't really be a (re)armament, more an increase in resilience by not just relying on US for sharing but adding France. I think that's quite an important difference from your original wording.

It is a significant step away from relying on the US and becoming a self sufficient EU.

Re: Ask HN: Do US tech firms realize the backlash growing in Europe?

#268

As an European I can confirm this is partly true. I wouldn't say it's completely destroyed it's soft power, but politically we do feel betrayed so whenever possible people would be looking to switch to non-US product. However, in business we're so intertwined with the US that it's hard to tell right now if there ever will be a justified switch. In terms of pensions - I think 99.9% of us have a huge chunk the S&P, so…

European stocks are up and up since Trump was elected, while American stocks are chopping sideways or down. There's a shift in the stock market. The market hates uncertainty and America is a big frikkin question mark atm (is the polite way of saying it).

Here's a particular dutch pension fund that dropped their us stocks: https://www.reuters.com/markets/europe/dutch-pension-fund-ab...

Re: Ask HN: Do US tech firms realize the backlash growing in Europe?

#269

Earlier quoted context omitted.

> So Europe can have their LLMs as well: the important thing is to relax this stupid AI act But you're kind of showing here why Europe doesn't have the software innovation America does. Americans are not inherently smarter or more capable of doing innovative things than Europeans. It's just that whenever a European wants to do something interesting, there's a handy European regulation making it harder or less profita…

As a European I rather have the regulations than the AI to be honest.

We'll end up with the AI, anyway. But by then it'll be foreign-controlled AI as everything in tech in Europe is.
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