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ChatGPT, Roblox to fall under strictest EU rules for platforms

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Re: ChatGPT, Roblox to fall under strictest EU rules for platforms

#31

Earlier quoted context omitted.

> it's literally the cost of buying goods in a variety of places. Not an accurate analogy. This is a fine on sales, not expenditures. It would be like fining you 6% of your pre-tax income, not doubling sales tax on things you buy. > I'd strongly argue that 6% will not correct bad behavior. If the government threatened to take 6% of your pre-tax income if you violated a set of laws, would you laugh it off and refuse t…

Laugh it off. Especially when I can earn a ton more off doing it anyway. 6% is cost of doing business. I’ll earn 50% more by doing the sketchy shit.

These laws are not covering things that increase sales by 50%

If that was true, sales would fall to 67% of the pre-law sales. That doesn’t happen. It’s a silly claim.

It would be like the government taking 6% of your total compensation for breaking the speed limit. You could try to speed everywhere to save time but if you get caught it’s going to hurt.

It’s not a “increase sales 50%” scenario. You’re arguing against something that doesn’t exist.

Re: ChatGPT, Roblox to fall under strictest EU rules for platforms

#32
post #5

"must also file transparency reports, detail risk mitigation plans and pay an annual fee to the European Commission." This is just another shake down. Quickly becoming the least business friendly place on Earth.

This crank agrees with you: https://truthsocial.com/@realDonaldTrump/posts/1169760433188...

Re: ChatGPT, Roblox to fall under strictest EU rules for platforms

#33
post #9

Earlier quoted context omitted.

I am for more maths in laws like these: frist_fine = 0.06 × anual_global_sales fine(n) = first_fine * n^x And the exponent x is to be chosen by how harsh you want to be. Repeat offenders will quickly run out of money as long as your exponent is reasonably bigger than 1. If we take an exponent of 2 a repeat offense by OpenAI would look like this: 1st offence: EUR 1.50 billion (6%) 2nd offence: EUR 6.00 billion (24%) 3…

If you tell them their expenses beforehand, they'll budget them in, though.

How do you budget for 216% of your gross revenue?

"We lose money on every deal, but we plan to make it up in volume" was one of the infamous quotes from the dot.com bubble.

Re: ChatGPT, Roblox to fall under strictest EU rules for platforms

#34

> Companies that breach the DSA risk fines of as much as 6% of their annual global sales. It's nuts that this is all they can manage. Like, take 30% or 40% -- that might actually encourage compliance. I think they'll comply, but almost entirely not because of small fines.

"This year the European Union will again make more money from fining US tech companies

Than from the total tax income from Europe's own public tech companies!"

https://x.com/levelsio/status/2080314960656159018

Re: ChatGPT, Roblox to fall under strictest EU rules for platforms

#35

Roblox should be outright banned in the EU or at least the top 100 games all qualify for what would be considered lootboxes/gambling and generally predatory behavior. Basically every single action you can do has a "robux" alternative which is faster/better + boosts cost robux. Then there's the worst of them all: trading card games. Another problem is that nothing carries over between games so as the algorithm shifts…

[flagged]

Re: ChatGPT, Roblox to fall under strictest EU rules for platforms

#36
post #5

"must also file transparency reports, detail risk mitigation plans and pay an annual fee to the European Commission." This is just another shake down. Quickly becoming the least business friendly place on Earth.

Companies are welcome to leave if they don’t agree with the rules, same as what they tell you when you sign their terms and conditions. Isn’t that how the free market works? No one is being forced to do anything.

Re: ChatGPT, Roblox to fall under strictest EU rules for platforms

#37

> Companies that breach the DSA risk fines of as much as 6% of their annual global sales. It's nuts that this is all they can manage. Like, take 30% or 40% -- that might actually encourage compliance. I think they'll comply, but almost entirely not because of small fines.

"This year the European Union will again make more money from fining US tech companies Than from the total tax income from Europe's own public tech companies!" https://x.com/levelsio/status/2080314960656159018

This isn't the first year either; maybe US tech companies should start obeying the laws.

Re: ChatGPT, Roblox to fall under strictest EU rules for platforms

#38
post #5

"must also file transparency reports, detail risk mitigation plans and pay an annual fee to the European Commission." This is just another shake down. Quickly becoming the least business friendly place on Earth.

>This is just another shake down. Quickly becoming the least business friendly place on Earth.

Yes, exactly - isn't that the point?

Re: ChatGPT, Roblox to fall under strictest EU rules for platforms

#39
post #5

"must also file transparency reports, detail risk mitigation plans and pay an annual fee to the European Commission." This is just another shake down. Quickly becoming the least business friendly place on Earth.

It's all fun and games until you are technologically stunted and entirely dependent on others for it.

What do you mean by "until"? I would argue that this situation is the _result_ of being stunted and dependent in the first place.
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