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The US must not introduce any laws detrimental to US companies especially when China is bolstering their tech firms (and stealing our IP) and the EU is trying
by sqdbps 9y ago
The US must not introduce any laws detrimental to US companies especially when China is bolstering their tech firms (and stealing our IP) and the EU is trying everything short of altogether outlawing US tech companies out of their market.
Just ride out this silly populist convulsion and we'll all be the better for it.
- llukas 9y agoProtect US companies but screw US people? Did you forget about Equifax leak? Why everybody else can have their data protected by not US people?
- sqdbps 9y agoGenerally what's good for US companies is good for the US and its people, I'm fine with a legislative response to the equifax breach, something along the line of mandated disclosure and penalties for lax security but we are in the midst of a global battle and so our tech firms must be protected and not assailed by our gov't.
- sparkie 9y agoThe same lack of regulation over what Google, Facebook et al can collect about you is also lack of regulation over what Huawei, Xiaomi et al can collect about you. It's not giving US companies any competitive advantage. The Chinese companies have the advantage that they're also collecting the data on Chinese citizens, which is out of bounds of US companies unless they're conducting shady deals with the Chinese government.
- sparkie 9y agoChina isn't just "stealing IP", they're also innovating in means of production. It's not just "cheap labor" that people get things produced in China for anymore - it's because China is way ahead of anyone else in production capabilities, costs and speed US companies can't compete with China when they're sending all of their production over to China. You've placed too much emphasis on ideas and not enough on actually making them, because the attitude "China can make it at lower cost." IP laws are really what are stifling US companies. They're exhausting huge amounts of resources on building up IP portfolios for the sake of entering (or avoiding) legal battles over "I thought of that first." You have zero chance of competing against China when you're fighting among yourselves over who gets the biggest piece of the shrinking pie.