The web is becoming more and more fragmented. I wonder where this will lead to. Europe seems to fall behind the US at an accelerating pace. During the last two decades, Europe already failed to take part in building the internet. Now Europeans all use US services. Amazon, Ebay, Facebook, Google, Dropbox, AirBnB, Uber... This was due to the culture of Europes entrepreneurs which is often "bureaucracy first, product la…
While I agree that the „move fast and break things“ mindset seems to work for general entrepenuership and innovation in the markets, I really hope that we won‘t follow this approach in developing AGI (artifical general intelligence). As we move up in our AI capabilities it will become increasingly important to coordinate and control further expansion as opposed to fall into an arms race which may have dire consequences for humanity. I would recommend „Superintelligence“ by Nick Bostrom as a great resource and argument for the dangers that are inherent to this dynamic. So „bureaucracy first, product later“ does have place in the tech sector... especially in the future.
Having said that, the current legislation seems to be a bad thing for the web and Europe. There is obviously still the problem of enacting the right kind of bureaucracy, which we still don‘t seem to have figured out, yet...