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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

#201

Earlier quoted context omitted.

Why not make Sales illegal too.

Happily. I'm not very fond of dumb calls from "sales" starting with "Let me introduce you to our new shiny product"...

Just curious, what industry do you work in?

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

#202
No, it's not.

This is a not-so-thinly veiled argument for deregulation and rolling back consumer protections, pretty much like the US. It's common to use scare tactics when it comes to regulations and taxes. "Companies will leave". "You're killing companies".

As long as the EU has 400+ million consumers and they have spending power a market will exist and companies will adapt.

Take the example from the article of CUDA being a monopoly. Well, NVidia obviously isn't a European company but it will comply if the EU forces them to open CUDA because the alternative is to close themselves off to Europe. That's never going to happen.

Stop believing this "companies will leave" propaganda.

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

#203

Earlier quoted context omitted.

> In a very real sense, the EU has ruled that Meta’s core business model is illegal. Is this actually bad?

No, but the EU and the citizens thereof should then accept that Meta or other similar companies in similar situations can't operate within the EU. The EU regulators and select HN users might be okay with that, but EU citizens on average probably won't be.

Meta should've been nuked when Cambridge Analytica happened; the fact that US lawmakers did nothing after that is a complete joke. Zucc should be in jail alongside every other piece of shit who thinks it's their right to mass-harvest every single person's personal data indiscriminately for profit.

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

#204

Earlier quoted context omitted.

Why would it benefit society to get less targeted ads as opposed to more targeted ones?

Because there would be no incentive to commodify user activity, bundle it up, and resell it to ever more dubious information brokers?

Also it would help reduce overconsumption which is great given the finite resources we have on this planet.

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

#205

Not only the tech market, they're on a pace in destroying the agricultural market as well. Small, medium size farmers are disappearing fast, they quit or at best being absorbed by large farmcorps.

So making agricultural markets orders of magnitudes more efficient is destroying it in your view?

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

#206

A company that provides a phone service (mobile or other) has to conform to a large amount of regulatory red tape. Why? because either a company before tried to monopolise the entire country, or they killed someone. Now, large tech companies haven't wholesale killed people (unlike say tobacco, or talc powder, 3M and half of their solvents, weed killer, most car makers, etc etc) but they have been trying desperately t…

> They've also been trying to extract as much personal info as possible for profit. Because regulators in the USA are hamstrung, they are used to being able to basically doing stuff that would be illegal if it were in physical stores/pre-existing industries. Did you actually read the article? I don't know how you square this kobayashi maru situation, unless you think Meta is outright lying about it: > Europe recently…

I don't believe a single word anyone from Meta says, yes. That company is full of amoral scum, you think lying is beneath them if it helps them out?

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

#208

Earlier quoted context omitted.

BS. Lot's of companies / entities moved there because of said "millions" so you are unwillingly forced to use them as a mean of contact. And sadly open alternatives are blocked/unavailable...

you know it's possible to get through life without either Facebook or a Facebook alternative, right? I closed my account ten years ago, and I don't have an alternative. After the withdrawal period I stopped caring. My loved ones send me text messages of their kids. Exactly what is the point of Facebook?

He means the network effects of it. Facebook has locked people in via Facebook groups, Instagram messenger and such.

So many people are in it’s if you don’t have it, it’s hard to be part of certain communities.

I deleted my Facebook like ten years ago, I missed out on a a LOT of party invites.

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

#209

The EU is free to pass laws preventing gatekeepers and insisting on interoperability requirements and Apple is free to refuse to do that and not offer their non-competitive gatekeeping products in the EU. There's zero reason to think that this will mean the EU won't have a tech market. It just won't have one that includes Apple products which refuse to follow the law. Seems like a massive win for the EU, and because…

Except EU doesn’t have big tech.

Anything that gets close gets bought or killed by non-european giants.

Tencent buys basically all game companies, microsoft buys basically all communication companies (skype, nokia come to mind), google buys basically everything. Even ARM is owned by Softbank after starting out in the UK.

The Automotive industry and ASML are just about the only things resistant to this because they're so large already; Automotive acts a lot like big tech. (a clear similarity I saw after being in BMW R&D and Googles Zurich and SF campuses)

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

#210

Earlier quoted context omitted.

I'd just say all advertising. It's effectively money time and effort we just light on fire.

All advertising is a step too far, I think. But banning accepting any remuneration to deliver, display, or cause to be viewed any advertisement, and limiting physical ads in places viewable from public areas seems like it would improve things. Buildings shouldn't be covered in ads, and the internet shouldn't be largely based around scamming as much information out of people as possible to jam ads down their throat, b…

Bring back yellow pages.
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