301–310 of 351 posts
The algorithms maximize content view / platform usage diregarding mental health and addiction. Further there is no regulation that the content from recomendations are from reliable truthful sources.
IMO, based on their current business models, big US tech companies would be better off financially by pulling out of the EU entirely than by allowing interoperability via public APIs. They will lose most of their users to small platforms if they provide too much interoperability - Not just in the EU but all over the world. Their monopoly over the bulk of the world's user accounts is their only real competitive advant…
I'm sure entrepreneurs in the EU are salivating at the thought of that happening.
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Fellow EU entrepreneur here: you being downvoted says enough about what kind of people are commenting here. US works with a "better ask forgiveness than permission" model, where you are pretty free to do what you want, but people can sue you. EU works with the opposite: create rules and keep companies compliant with those rules. It's pretty obvious to see that the 1st model is very beneficial for startups and bootstr…
Are there any actual cases of EU startups being fined under GDPR without being given a chance to fix their stuff. I was under the impression that the enforcement so far has been pretty lenient.
For example, EU article 13 has a direct impact on my product (my users can upload custom resources). Good thing that Belgium didn't implement it yet. But when they do, I probably need to move my business to Delaware or something.
They claim that article 13 is to reign in the big companies like YouTube. But in the end this also makes sure that EU has a hard time of building their own YouTube.
Anyway, I looked into it, and it seems possible for me to move my business abroad when we get that far.
But all this basically proves my point. It's easier to build a startup when you are outside of the EU.
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It is the most powerful tools that I want restricted. the milli-second bidding auctions for ad placements and the tracking that goes on to enable that is unethical and illegal. There are perfectly good alternatives that don't abuse my personal data — companies should use those.
That’s great, but the question is about the second order effects. Have you taken them fully into account when you declare that these regulations are what you want? Or do you want the first order effects only (who wouldn’t?!) and just stop your analysis there? Declaring that there are “perfectly good alternatives” sounds like dismissal of the second order effects, which certainly makes supporting the regulations much…
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Thanks for clarifying. >Included in the rules' scope will be platforms with a market capitalization of €75 billion or turnover in the European Economic Area equal to or above €7.5 billion So the rules are meant to target only the TOP part of the Tech Sector. Not the Whole Tech Sector. There could be backfires on everyone though. I do feel though that the Apple/Facebook/Microsoft/Google/Amazon are innovating less and…
> There has been a lot of talk on Hacker News on how Google search quality is decreasing. I have a lot more faith in a viable competitor coming out of California than I do in EU regulations improving search results.
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Why aren't they investing their "dumb money" in EU web start ups then?
Because in the US, money has nowhere else to go. Stocks? Wildly overpriced. Real estate? Wildly overpriced. Bonds? Zero returns. Mineral extraction? Risky outlook. Energy sector? Subsidies are likely on the horizon, better to wait. Infrastructure? NIMBYs That's not the case for the EU. Money gets reasonable returns in energy sector, industry, any investment in Eastern Europe, tourism, PPP infrastructure projects, etc…
You are literally describing the opposite of the truth.
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* Tech sector * The EU * Tech sector
If poor little Google can't adapt to a changing landscape, it should die. That will not plunge the world into the dark ages.
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Are there any actual cases of EU startups being fined under GDPR without being given a chance to fix their stuff. I was under the impression that the enforcement so far has been pretty lenient.
The real problem is not the fines, but to comply to all of them. For example, EU article 13 has a direct impact on my product (my users can upload custom resources). Good thing that Belgium didn't implement it yet. But when they do, I probably need to move my business to Delaware or something. They claim that article 13 is to reign in the big companies like YouTube. But in the end this also makes sure that EU has a h…
For a context, I'm EU national that moved to US to build a business here. US does appear freer on its surface, but everything is much more convoluted. As an example, most states have at will employment rules. That means workers can leave any time they want and employers can fire them anytime they want. But then there are many other regulations and case laws that make this essentially impossible. There is a whole predatory industry that is built around this where fired workers sue for $80k because they know that a counsel for the employer will charge $100k and it's cheaper to settle.
I would much rather have clear rules of operations, even more strenuous ones than this.
Pretty funny to think that Apple has been going on about their platform without realising that they run on the EU's legislative and societal platform. Which also comes with rules.
Pretty funny that you think it's ok for EU government monopoly to enforce rules but not ok for Apple to do so, despite not being a monopoly. Which is it? Are rules ok or not ok?
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That's a wild edge case. And yes, a bank or whoever should be able to note your real name. It's the banks' problem for using obsolete things, not a GDPR problem.
What about the 'discovery' that Google Analytics is illegal under GDPR? Not raised even once right up until the moment the courts decided it. EU privacy law is so vague that people routinely 'discover' new impacts of the rules only when some judge pulls them out of thin air. The fate of EU tech firms is pretty much well described above: endless agonizing over how these rules might be interpreted, followed by maximall…