The true cost of GDPR doesn't come from compliance itself. It comes from trying to protect oneselef from the legal vulnerability it creates for businesses. Lik

The true cost of GDPR doesn't come from compliance itself. It comes from trying to protect oneselef from the legal vulnerability it creates for businesses. Like any regulation, once enacted, it creates yet another reason to harass, burden and encumber businesses - no matter what business model they have or if they are shady or not. Large companies truly love this. Their already considerable legal departments chew any new regulation the moment it appears while the newly erected walls keep those pesky startups away. Small business do not even pay the price - they simply cease to exist, to be founded. It's a chilling effect. The prospective founder says "why bother with this shit when I can simply get a job"? The visible end result: an Europe more and more hostile to startups staying on the sidelines while the US wins the innovation race for the future. Fewer startups means also fewer large business (just look at the most valuable companies in the world, how many of those are European?) and thus fewer well paid jobs in the future (just check out the difference between an IT salary in USA vs Europe).