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US orders diplomats to fight data sovereignty initiatives

reuters.com

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Re: US orders diplomats to fight data sovereignty initiatives

#171

Post by nehal3m »

alephnerd wrote: post #37
Tyrubias wrote: post #12

I can’t imagine how any country would think the US is trustworthy enough to be the place where everyone stores their data. If companies cannot comply with data sovereignty laws then they shouldn’t exist at all. Personally, even as a US citizen, I’m hoping tech companies in Europe and Asia become independent enough to no longer be beholden to US interests. It’s clear that the era where any one country has global hegem…

> I’m hoping tech companies in Europe and Asia become independent enough to no longer be beholden to US interests What tech companies? At the end of the day, it's all about capital and IP. American domiciled VCs and companies can outinvest just about any other competitor, and much of the core IP for vast swathes of critical next-gen technologies (high NA EUV, Foundation Models, Quantum Computing) is in the US, but Am…

The world respected IP because the alternative was being tariffed. Now that we already are, the US can take it's IP laws and shove 'em for all I care.

Re: US orders diplomats to fight data sovereignty initiatives

#172

Post by disgruntledphd2 »

joe_mamba wrote: post #166
microtonal wrote: post #159

Earlier quoted context omitted.

Large European pension funds are rapidly decreasing (as rapid as a pension fund can without causing too much panic, devaluing remaining assets). E.g. some large pension funds have removed 1/4th of their investments in the US in less than a year. That is pretty unheard of. (Most of them are reinvesting in Europe.)

>some large pension funds have removed 1/4th of their investments in the US in less than a year. I saw the news about the danish fund dropping some of their US investment and on closer inspection, in absolute terms it was a drop in the bucket. Mostly an optics maneuvre.

Again, non dollar investors are flat since start of 2025. This isn't just politicisation (although that's part of it), it's that other markets are doing better than the US for now.

This will be a slow process, but the direction seems pretty clear (I fully expect to see a major economy introduce capital controls within the next twenty years).

Re: US orders diplomats to fight data sovereignty initiatives

#173

Post by lloda »

nova22033 wrote: post #136

Why is it wrong for US diplomats to advocate for a policy that clearly benefits US companies?

The data sovereignty initiatives have been massively promoted by US policy. All this advocacy will achieve is make the US look even less trustworthy.

Re: US orders diplomats to fight data sovereignty initiatives

#174

Post by microtonal »

SpicyLemonZest wrote: post #160
piva00 wrote: post #70

Earlier quoted context omitted.

Not even that, if they aren't living in the EU the GDPR doesn't affect their lives in any way.

If the EU announced that non-EU entities aren't subject to GDPR, I think that would substantially defuse and perhaps entirely eliminate the conflict. Their current guidance is precisely the opposite ( https://gdpr.eu/what-is-gdpr/ ): "the GDPR applies to you even if you’re not in the EU". They even have a details page to make sure it's 100% clear ( https://gdpr.eu/companies-outside-of-europe/ ): if you're a Colorado…

Why would they need to defuse it? If you want to do business in our market, abide by our laws. If not... just leave and miss out on the huge market?

I cannot understand the constant whining of Apple and other companies, whereas if the PRC asks to jump, they ask 'how high'?

Re: US orders diplomats to fight data sovereignty initiatives

#175

Post by hgomersall »

joe_mamba wrote: post #157
microtonal wrote: post #150

Earlier quoted context omitted.

The lack of data sovereignty does have large geopolitical consequences though. Without data sovereignty of EU government services and businesses, the US can blackmail EU continuously or even worse, in the case of e.g. a conflict over Greenland, cause chaos by turning off access to US tech. So for the EU, tech sovereignty is a matter of life and death. Also, a lot of crap in Western countries is caused by tech broliga…

>Also, a lot of crap in Western countries is caused by tech broligarchs enriching themselves in favor of workers en destroying democracy for tech feudalism. Not true. The reason my Col is off the charts, salary low and housing unaffordable is due to EU central bank printing too much money leaving us holding the bags, government's zoning laws making housing expensive and them importing millions of immigrants despite r…

The quantity theory of money is trivially shown to be nonsense just by considering what happens to savings (i.e. nothing). You need to up your analysis if you want to truly understand.

Re: US orders diplomats to fight data sovereignty initiatives

#178

Post by john_strinlai »

joe_mamba wrote: post #66
awestroke wrote: post #47

Earlier quoted context omitted.

This framing gets the supply chain backwards. Cymer makes the source vessel, the part that generates tin droplets and converts them to plasma. But the laser that actually powers that process is a 17-ton, 40kW CO2 beast with 457,000 parts, built exclusively by TRUMPF in Germany. And the optics, mirrors smooth to tens of picometers that literally no one else on Earth can make, come from Carl Zeiss, also German, organiz…

You're missing the point. Nobody will take back anything since that hurts everyone, but if the US wanted they could license EUV tech to Nikon or Canon and give ASML a huge PITA of refreshed competition. Similar to TRUMPF lasers and Zeiss optics, other companies from US and Japan like Coherent and Canon could have a crack at replicating the laser and mirrors given enough IP and resources if the US really wanted to dec…

>other companies from US and Japan like Coherent and Canon could have a crack at replicating the laser and mirrors given enough IP and resources if the US really wanted to decouple from ASML, since they're still man made objects, not magic things given by gods.

this exact same logic applies the other way, though... unless Cymer is selling magic objects given by gods?

>Do you think the country that built the SR-72 and other sci-fi shit wouldn't be able to make a EUV lithography machine in house if they were to treat it like a Manhattan project instead of a side hustle?

do you think that ASML (or TRUMPF or whatever non-US entity) would be unable to make the EUV light source in house if they were to treat it like a Manhattan project instead of a side hustle?

Re: US orders diplomats to fight data sovereignty initiatives

#179

Post by ragall »

pjc50 wrote: post #48
ulfw wrote: post #10

Earlier quoted context omitted.

Most 'diplomats' of the new USA are just grifters like Witkoff or Kushner. Real estate people cosplaying diplomats. The US as the world has known it is gone https://apnews.com/article/france-us-ambassador-kushner-far-...

By no means exclusive to the US (e.g. Peter Mandelson).

Definitely exclusive to the US due to the degree to which US presidents have been doing it.

Re: US orders diplomats to fight data sovereignty initiatives

#180

Post by joe_mamba »

hgomersall wrote: post #175
joe_mamba wrote: post #157

Earlier quoted context omitted.

>Also, a lot of crap in Western countries is caused by tech broligarchs enriching themselves in favor of workers en destroying democracy for tech feudalism. Not true. The reason my Col is off the charts, salary low and housing unaffordable is due to EU central bank printing too much money leaving us holding the bags, government's zoning laws making housing expensive and them importing millions of immigrants despite r…

The quantity theory of money is trivially shown to be nonsense just by considering what happens to savings (i.e. nothing). You need to up your analysis if you want to truly understand.

You've made accusations but have not brought arguments to support that my take on EU leaders and elites being the ones fucking us, our CoL and purchasing power, is wrong.

And savings absolutely did eventually get obliterated by excessive Covid money printing, what are you on about?

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