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Yeah, we already saw how that went on China [1]. The reality is, no board will in any circumstance quit doing business in the largest economic area in the worl
by mbroncano 9y ago
Yeah, we already saw how that went on China [1].
The reality is, no board will in any circumstance quit doing business in the largest economic area in the world by far [2], at least if they want to keep their job. Thinking otherwise is just naïve, I'm afraid.
In fact, my impression is that these policies encourage all involved actors into developing a better business model that can accommodate different sensibilities, and hopefully explore new revenue sources. I'm sure something good will come out out of this for FB and the rest of data moguls. The 'we sell your privacy for peanuts' is a rat race no matter how you look at it, and it is in fact slowly declining for everything but mobile according to some [3].
[1] https://www.nytimes.com/2017/12/13/business/google-ai-china.html https://www.nytimes.com/2017/12/13/business/google-ai-china....
[2] http://ec.europa.eu/trade/policy/eu-position-in-world-trade/ http://ec.europa.eu/trade/policy/eu-position-in-world-trade/
[3] http://www.businessinsider.com/online-ads-revenues-going-to-google-and-facebook-the-most-2017-4 http://www.businessinsider.com/online-ads-revenues-going-to-...
- joshuamorton 9y ago>Yeah, we already saw how that went on China [1]. I don't really see how this is comparable. Google has had a subset of things available in China forever (translate, as a clear example), and interacts with China for certain things (AlphaGo). That doesn't change the fact that none of its "moneymaker" consumer products have operated there for years.