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Europe is in danger of regulating its tech market out of existence

foreignpolicy.com

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Re: Europe is in danger of regulating its tech market out of existence

#15

Europe is a place to take social benefits; there is no tech, no innovation. It's better to sit on the couch and watch Netflix than start a business. There is too much risk, too many taxes, and too many regulations.

Spotify benefitted from starting in the EU.

Re: Europe is in danger of regulating its tech market out of existence

#16

Regulating the tech Market is great for local tech só what happens is pretty the opposite. No country will lose GDP if meta or google leave

Tech is very interconnected though, and the article points out an example where what you state is very much not true: "How would Mistral, a leading AI firm, survive if Nvidia exits the French market due to regulatory concerns?"

Re: Europe is in danger of regulating its tech market out of existence

#17
The real problem is that the requirements for a social platform are getting very onerous, to the point that it takes at least several engineers working full time on the problem.

That really hurts a startup's ability to initially launch in the market, especially one with less VC money. (Certain BigCo new products can be thought of as a startup too, with limited budgets.)

This doesn't just affect social media companies, it affects almost any product where a user can upload data, or any product with a social feature, no matter how peripheral the feature is.

Turns out that's a wide swathe of technology, and that social features are fairly valuable.

Of course the big companies will eventually get around to launching in Europe anyway, it will just trail behind the rest of the world.

Re: Europe is in danger of regulating its tech market out of existence

#20
post #15

Europe is a place to take social benefits; there is no tech, no innovation. It's better to sit on the couch and watch Netflix than start a business. There is too much risk, too many taxes, and too many regulations.

Spotify benefitted from starting in the EU.

I haven't heard that perspective before, can you elaborate?
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