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Big tech face EU blow in national data watchdogs ruling

reuters.com

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Re: Big tech face EU blow in national data watchdogs ruling

#51
post #49

Earlier quoted context omitted.

I believe the EU would be better off if it just deleted its technology funding apparatus and tried to rebuild something like DARPA, while focusing on procurement like the poster suggested. There is a huge amount of money available, but it's locked behind layers and layers of bureaucracy. It is a huge waste of time on both sides, for some anecdotal I'm procrastinating from an application as I type. I should be coding…

The Economist had an article here a few days ago lamenting that Europe fails to produce IPOs, which is where the actual problem lies. A lot of European startups don't get to the size where an IPO exit would be appropriate because a US company buys them before that can happen.

You don't have to sell out to a big US company, so it's worth pausing to ask how we've reached the situation you described.

Re: Big tech face EU blow in national data watchdogs ruling

#52

Earlier quoted context omitted.

I’d say Airbus is competing quite well, Boeing not so much.

Neither Airbus nor Boeing has initiated a new aircraft design since the late 90s early 2000s with the A380 and 787 respectively. The A220, a legitimate clean-sheet and fantastic aircraft, came from Bombardier and only fell into Airbus hands due to regulatory warfare, albeit from the American side this time.

Did you mean A350 rather than A380?

Re: Big tech face EU blow in national data watchdogs ruling

#53
post #9

What is it with the British Isles and their "job specialization" in arbitraging / milking the economy of continental Europe? From the financial rent seeking of London, to the tax and privacy regulatory arbitrages of Ireland the same pattern of exploiting arbitrarily erected information walls to evade scrutiny and accountability. Of course this is a tango that takes three to dance...

London is an exercise in marketing, to see how far peoples suspension of disbelief can be stretched whilst being a net drain on a country it isn't even strictly part of, and a drain the world as a whole. It is amazing to see how Brits outside of (hell, even in) London live, the British countryside has some of the poorest areas in western Europe. Evidence marketing is effective!

What parts of the British countryside are poor?

Anecdotally, the stereotypical British farmer is a wealthy Tory, and low income populations are concentrated in council estates in postindustrial northern towns and cities (i.e. not the countryside).

Re: Big tech face EU blow in national data watchdogs ruling

#54
post #19

Earlier quoted context omitted.

>How about actually supporting the European Tech industry instead of just adding endless bureaucracy? Why do you make it sound like they don't? The EU invests massive amounts in technology (in regards to its paltry investment budget, but that's another debate). One does not prevent the other. And calling regulations against clear abuse "endless bureaucracy" is insidious at best.

I believe the EU would be better off if it just deleted its technology funding apparatus and tried to rebuild something like DARPA, while focusing on procurement like the poster suggested. There is a huge amount of money available, but it's locked behind layers and layers of bureaucracy. It is a huge waste of time on both sides, for some anecdotal I'm procrastinating from an application as I type. I should be coding…

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Re: Big tech face EU blow in national data watchdogs ruling

#55
post #6

How about actually supporting the European Tech industry instead of just adding endless bureaucracy? Ban Oracle and Microsoft from public procurement and start supporting the European equivalent of Baidu or Yandex. With ARM (prior to the acquisition), Linux, MariaDB, etc. - Europe was in a great position to do this. We need to stop this digital colonialism where massive, monopolistic US corporations pay no taxes in E…

Rather than play silly buggers why not start with things like this:

https://www.gov.uk/government/publications/open-standards-fo...

That's the UK govt standard for document/data exchange. Short, simple and open. Get the basics right first then tackle the complicated stuff.

Re: Big tech face EU blow in national data watchdogs ruling

#56
post #16

The world's countries at a party, tech edition: US: We'll bring the software! China: We'll bring the hardware! EU: We'll bring the regulation!

ASML says hi from the Netherlands

But does ASML build anything? or is their business just owning the "IP" (though, granted knowing this things is not trivial, and it's even more difficult given their closedness)

Re: Big tech face EU blow in national data watchdogs ruling

#57
post #18

Earlier quoted context omitted.

It won't happen. EU bureaucracy just likes to travel from one capital to another and enjoying 5 star comfort pretending to be extremely busy completely disconnected from reality. Its not that they haven't poured in huge amounts of cash into science and tech. Its that its all gone into building ivory towers even more disconnected from reality. So the people in those ivory towers have no clue how to compete in a ruthle…

(real question) aren't e.g Tesla, SpaceX, NASA, Boeing using govt money too?

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Re: Big tech face EU blow in national data watchdogs ruling

#58
post #56

Earlier quoted context omitted.

ASML says hi from the Netherlands

But does ASML build anything? or is their business just owning the "IP" (though, granted knowing this things is not trivial, and it's even more difficult given their closedness)

As far as publicly available information goes, everything, including their HQ and Manufacturing, happens in Veldhoven in the Netherlands.

Re: Big tech face EU blow in national data watchdogs ruling

#59
post #19
post #6

How about actually supporting the European Tech industry instead of just adding endless bureaucracy? Ban Oracle and Microsoft from public procurement and start supporting the European equivalent of Baidu or Yandex. With ARM (prior to the acquisition), Linux, MariaDB, etc. - Europe was in a great position to do this. We need to stop this digital colonialism where massive, monopolistic US corporations pay no taxes in E…

>How about actually supporting the European Tech industry instead of just adding endless bureaucracy? Why do you make it sound like they don't? The EU invests massive amounts in technology (in regards to its paltry investment budget, but that's another debate). One does not prevent the other. And calling regulations against clear abuse "endless bureaucracy" is insidious at best.

Calling it bureaucracy, whatever the implications, is perfectly fair... assuming we're talking about the subject of this article.

This is about 27 separate national governments to apply separate regulatory procedures, rather than just having Ireland's current gdpr enforcement. That's not necessarily bad, but it is more bureaucracy.

Re: Big tech face EU blow in national data watchdogs ruling

#60
post #16

The world's countries at a party, tech edition: US: We'll bring the software! China: We'll bring the hardware! EU: We'll bring the regulation!

might be a joke, but the thought of being the Wise Old Men setting rules for the rest of the world plays perfectly well to our historical strengths, so to speak. Euro man burden, anyone?
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