Sometimes I think GDPR was secretly pushed by Big Tech to make it harder for smaller business's to compete. It was basically useless. I wouldn't even be surprised if Google or Facebook helped write the legislation. Whatever noise EU is making now I have very little hope for. If the US government was so fearful that a fun video app made in China had the power of compromising National Security, stealing and spying on c…
EU reveals plan to regulate Big Tech
301–310 of 332 posts
Re: EU reveals plan to regulate Big Tech
#302Earlier quoted context omitted.
No problem - the local coffee shop is also subject to regulations and needs to pay tax, need to respect hard fought worker laws (at least in most countries) and needs to respect the law. Now there are some new regulations for bigger entities. What's the problem?
> Now there are some new regulations for bigger entities. What's the problem? "Size" of business is an arbitrary and meritless distinction.
This is a baseless statement...
Re: EU reveals plan to regulate Big Tech
#303One consequence is that this will continue to keep European tech valuations low. Silicon valley startup valuations allow some crazy and amazing ideas to be tried, but it's all based a premise that startups may one day become a unicorns. This also supports Silicon Valley level wages, which are almost non existent in Europe. Now not only has the EU declared unicorns unwelcome, but also European users will be discounted…
This is a problem for the founders and investors wanting to make a buck, not for us European users and even less for the European market as being owned by foreign entities is exactly a source of the problems for EU's tech industry.
How would Americans feel if the only exit strategy for US startups was to be sold to Chinese behemoths?
Re: EU reveals plan to regulate Big Tech
#304Earlier quoted context omitted.
>It seems that Europe has decided to stop evolving and just do anything to protect the status quo. Innovation is forbidden here. But hey! It’s for our own good. Yeah, this. Europe is an old continent that's mostly old money. The Europeans of today are rich mostly due to inherited wealth and former imperialism, not wealth they created themselves through innovation, with some families tracing their wealth back for cent…
And further: don’t bother starting that business dear citizen. Don’t worry your pretty little head with entrepreneurship, it’s too complicated for you. Just take one of these comfy government jobs we’re providing and you’ll be fine. We'll even take care of your pension and give you "free" health care.
Re: EU reveals plan to regulate Big Tech
#305Re: EU reveals plan to regulate Big Tech
#306One consequence is that this will continue to keep European tech valuations low. Silicon valley startup valuations allow some crazy and amazing ideas to be tried, but it's all based a premise that startups may one day become a unicorns. This also supports Silicon Valley level wages, which are almost non existent in Europe. Now not only has the EU declared unicorns unwelcome, but also European users will be discounted…
In contrast EU countries speak different languages and there are different cultural norms and habits. And while laws are similar there are differences between countries.
I would say this is the biggest factor why us is the default unicorn location.
Re: EU reveals plan to regulate Big Tech
#307Earlier quoted context omitted.
The EU democratic structure is complex, that for sure. But it's hardly undemocratic. I don't really want to start a rehash of the entire Brexit debate we had in the UK, but the EU does have a serious democratic deficit. Ask yourself this simple question: Can a citizen who is governed by the EU meaningfully influence who is doing that governing? In particular, can a large group of citizens affect who holds power withi…
> Can a citizen who is governed by the EU meaningfully influence who is doing that governing? In particular, can a large group of citizens affect who holds power within the EU and vote out those individuals they don't want, so any individual office holder has some degree of personal accountability to the electorate? Erm yes. A large group of citizen can apply pressure to its local government to push for change in the…
This is obviously false, it has never happened in the history of the EU - just the opposite - citizens literally voted overwhelmingly against major treaties, and they were passed anyhow.
Explain to us right now how major nations voted against the Treaty of Lisbon, and it was enacted anyhow?
"It is debatable whether even the European Parliament does
The European Parliament obviously does. "
It obviously doe not, the evidence is clear: MEPs don't even have the right to introduce legislation, they don't chose or censure their leaders, they have almost no power at all.
"thus doesn't educate people on the importance of MEP elections, then acts surprised when the European Parliament doesn't represent the UK population."
Again, completely baseless claims. The level of awareness of MEP involvement is similarly low in other countries.
"My view on the EU debate in the UK has always boiled down to the fact the UK public has simply not bothered to engage with the democratic systems in the EU"
No - there is no meaningful way for individual citizens or groups to engage with on the EU level, by reason of scale and design, it was never meant to be that way.
Ask yourself the question:
+ Why can MEPs not introduce legislation? + Why can MEPs not meaningfully censure leaders? + Why can MEPs, the only elected officials, not chose the leadership cadre? + Why is election turnout a paltry 45%
Those were concrete, well designed choices, and the lack of democracy embodied in those choices was purposeful.
The EU was specifically designed with a democracy deficit to keep the plebes and populism at bay.
Those who defend the system are either ignorant of the reality of it, like Chinese commoners defending their President Xi on the basis of 'security and prosperity' - or they know the Machiavellian roots of the decisions and are just unwilling to admit it.
Pro EU people are so often unwilling to engage in any way in the issue, they're like Trumpers or the more hardcore patriotic America types who see no wrong or nuance in American foreign policy example.
It's like a cult.
Re: EU reveals plan to regulate Big Tech
#308Earlier quoted context omitted.
Governments are self-executing power vehicles. Ascribing intent onto them isn’t particularly useful when a government has a mechanism for rewriting its reason foe existence through law. That said: > The EU sees that it can effectively regulate corporations so they use their government the way it was intended to. What is the basis for your claims on their effectiveness?
I think he used "effective" as in: "they have the power to, they are able to/it fall in their domain", not as in "they did it perfectly without overhead"
Re: EU reveals plan to regulate Big Tech
#309Earlier quoted context omitted.
Trust me, the problem is not being ruled by 51% of the people, but being ruled by < 1%, which is the case with American oligarchy (or at least their final goal).
Could you please tell me more about this "oligarchy"? From my contact with the rich it seems like they want to give me lots of money so I could try some of my cool projects, not rule me - they want profit, not costs. And trust me, being ruled by the 1% would give you way better chances than you got with the 51%. The 1% took money and gave us sci-fi technologies, the 51% took absurdly more money and gave us many probl…
Even where only profit is concerned, there are downsides to concentrating the power in the 1%. Tax laws getting optimized for growth of capital over redistribution, loopholes large enough to allow for intergenerational dynasties over equal opportunity, copyright getting extended to a hundred years with free-use exceptions getting killed left and right.
I see your point and the likes of Gates (post-Microsoft) would make a positive difference. On the other hand, I'd prefer Joe Biden over Peter Thiel. It's very much a case-by-case kind of thing.
Re: EU reveals plan to regulate Big Tech
#310Earlier quoted context omitted.
The difference is that in the US we don’t trust the government to the point where even though that’s the one we have more control over, we do not choose to use it against bad corporate behavior for fear that the government will do it wrong. The EU sees that it can effectively regulate corporations so they use their government the way it was intended to.
Governments are self-executing power vehicles. Ascribing intent onto them isn’t particularly useful when a government has a mechanism for rewriting its reason foe existence through law. That said: > The EU sees that it can effectively regulate corporations so they use their government the way it was intended to. What is the basis for your claims on their effectiveness?
Re. effectiveness, see below. The EU has imposed a large number of regulations, some quite severe like the GDPR, and yet it didn’t fall apart. Not saying the GDPR is good as implemented or anything, just that despite its flaws it didn’t kill the economy or the EU, the perennial fear of right wing fear mongers.