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European Commission plans “digital omnibus” package to simplify its tech laws

politico.eu

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Re: European Commission plans “digital omnibus” package to simplify its tech laws

#31

Post by scotty79 »

matsz wrote: post #15
Yaina wrote: post #6

I like the EU, but what's annoying about things like this, or the Chat Control law that keeps getting pushed, is that civil society and privacy advocacy groups always need to stay vigilant and keep mobilizing people. It's an attrition game. I wonder what harm companies are even claiming. But honestly makes perfect sense that Germany's current conservative government is in favor of it. Giant GDP boosts are always just…

> Giant GDP boosts are always just one deregulation away, hm? Honestly, reducing the complexity of incorporating and paying taxes in Germany would quickly improve the dire situation of startups here. It's so bad right now that a tax advisor straight up told me to move to a less business-hostile country.

They should just copy Polish laws. They are far from perfect, and yet they provided Poland with almost 30 years of stable, few percent growth, regardless of global and European economic struggles. When you plot the chart of Polish GDP even such a significant event as entering EU doesn't even register in the shape of the growth.

Re: European Commission plans “digital omnibus” package to simplify its tech laws

#33

Post by seydor »

nuffisnuff9 wrote: post #16

Hopefully it's the end of GDPR and privacy laws that absolutely no one requested. Like nobody requested that encrypted chats stop being encrypted or that X becomes a censorship target of EU comissars

More like the continuation with more complex regulation and exceptions.

Re: European Commission plans “digital omnibus” package to simplify its tech laws

#34

Post by whimsicalism »

cadamsdotcom wrote: post #26

Biggest problem is you need two types economy at once. You need the big paradigm shifts that come from an innovation economy; for that, capital must flow easily, risk-taking (both companies and individuals) be rewarded not punished, and a stable job is kind of a bad thing (people get too comfortable).. Meanwhile in more mature sectors, job security (so people can have mortgages and families) and market stability shou…

Unemployment insurance and redistribution is a much better solution than keeping people in jobs that have been obviated decades ago.

Re: European Commission plans “digital omnibus” package to simplify its tech laws

#35

Post by mrtksn »

Insanity wrote: post #5

It's a tricky balance to strike. I don't want EU to fall behind further in the AI race, and I do want them to be more competitive in the tech landscape. At the moment, EU really isn't competitive in tech (and neither in tech salaries) and it leads to a certain amount of 'brain drain' as people move abroad. So while I do understand the need for regulations, they shouldn't regulate themselves into irrelevance. I don't…

I don't think its about regulation, its the mindset. Since some time there's this trend of indie European developers with some who managed to make themselves a name like Peter Levels and be hosted on big podcasters and these people keep calling their projects "startups" and making about as much as a high street kebab shop(in this community they like to boost about their revenues). Levels is famous enough to be interviewed by Lex Friedman and in this 4 hours talk they mention how an American company just took his idea and copied his ways and made 30 million dollars by making an iOS app of it and Levels talks as if it never crossed his mind to be the person who did it and make serious money.

Also he constantly complains about regulations etc but some striking things come out of it from time to time. For example he complains that its hard to get access to the EU's supercomputer and compares this to US where you can just buy tens of thousands of GPUs from Nvidia and not go through the EUs bureaucracy and never occurs to him that you can do the same in EU and the the EU funded supercomputer is just an extra.

Its just so weird, the mentality is very different. Maybe it works when you are working on a niche and it is a good way of making a living or even getting rich but that's not how you build empires.

The regulations are just a meme at this point, no one seems to know what regulation stopped them from doing the thing they will do. IMHO the reality is that you can just built the thing in USA and access EU markets from there and there's no need for replication in EU, therefore EU has plenty of startups but very few scale ups and unicorns and that's not going to change unless EU closes its markets to USA.

Re: European Commission plans “digital omnibus” package to simplify its tech laws

#36

Post by bpodgursky »

whimsicalism wrote: post #28
l5870uoo9y wrote: post #23

Earlier quoted context omitted.

Another factor in being competitive in artificial intelligence is the price of electricity, which is four times higher in the EU than in the US. Changing this would require a break with the “green industrial complex”, which is close to untouchable (to many EU politicians).

I think there are plenty of ways to provide cheaper green power in Europe, if it is permitted. In general, I don't understand the need to colocate data centers with the companies programming them - I'm sure there are many jurisdictions other than the US or EU that could spin up cheaper power.

To start, EU data protection laws make it almost impossible to store customer PII overseas or send it to overseas data centers for inference.

Re: European Commission plans “digital omnibus” package to simplify its tech laws

#38

Post by 1718627440 »

bpodgursky wrote: post #36
whimsicalism wrote: post #28

Earlier quoted context omitted.

I think there are plenty of ways to provide cheaper green power in Europe, if it is permitted. In general, I don't understand the need to colocate data centers with the companies programming them - I'm sure there are many jurisdictions other than the US or EU that could spin up cheaper power.

To start, EU data protection laws make it almost impossible to store customer PII overseas or send it to overseas data centers for inference.

And as an EU citizen I like that they do. After all this is what they are for.

Re: European Commission plans “digital omnibus” package to simplify its tech laws

#39

Post by whimsicalism »

1718627440 wrote: post #38
bpodgursky wrote: post #36

Earlier quoted context omitted.

To start, EU data protection laws make it almost impossible to store customer PII overseas or send it to overseas data centers for inference.

And as an EU citizen I like that they do. After all this is what they are for.

interesting. sounds like the EU is getting the growth trajectory its voters desire, then - best of luck!

Re: European Commission plans “digital omnibus” package to simplify its tech laws

#40

Post by andrepd »

logifail wrote: post #17
Insanity wrote: post #5

It's a tricky balance to strike. I don't want EU to fall behind further in the AI race, and I do want them to be more competitive in the tech landscape. At the moment, EU really isn't competitive in tech (and neither in tech salaries) and it leads to a certain amount of 'brain drain' as people move abroad. So while I do understand the need for regulations, they shouldn't regulate themselves into irrelevance. I don't…

> I don't want EU to fall behind further in the AI race Unless something changes, that's going to continue :( According to Jensen Huang, "the AI race" will be determined primarily by the price of electricity.[0] Until very recently the EU stated that being carbon neutral by 2050 was of overriding importance[1]. Which is it? [0] https://www.tomshardware.com/tech-industry/artificial-intell... [1] https://climate.ec.eur…

Keeping the planet habitable, or making line go up? Truly a difficult choice...

More seriously: what is the benefit for the citizens of Europe to chase trends? AI is shaping up to be a bubble. Even if "market remains irrational longer than you stay solvent", what is the purpose? Clean air, clean water, all that has value. Line going up, what does it give me?

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