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Would investors want to risk investing in a anti-tech part of the world who will blame them for everything? The EU is populist in trying to blame tech companie

Would investors want to risk investing in a anti-tech part of the world who will blame them for everything? The EU is populist in trying to blame tech companies for all of society's ills.

gspr 6y ago
Now this is a claim you'll need to substantiate!
- worldofmatthew 6y ago
  Do I need to going into the whole blameing tech for "fake news" while the media spreads it themselves? Who wants to invest in what will be scapegoat for law makers to cry at?
  - jacobwilliamroy 6y ago
    Social media did kind of spawn a new wave of christian terrorism in the U.S. in the form of Qanon.. so... the concern is not entirely unfounded. We cannot blame the userbase entirely, because the platforms themselves are designed to funnel people into thought bubbles where they can have access to as much batshit nonsense as they can fit into their eye and earholes. Plus even Homeland Security acknowledges that social media is a threat to national security, having recently published a report detailing how popular platforms could be used to create chaos through misinformation in the midst of our next election... So there are definitely some valid concerns... Actually, I forgot that christian terrorism is actually global now, with the Christchurch (N.Z.) mosque shooter having inspired multiple copycat terrorist attacks in California (U.S.), Texas (U.S.) and Norway. Of course these massacres are in addition to the other, white-supremacist christian terror attacks that had already been widespread in the United States before COVID took us all out of public places.
  - worldofmatthew 6y ago
    And Newspapers have started wars with fake news.
petre 6y ago
No, the EU blames FAANG for skipping taxes and monopolistic behaviour. They might just prefer to punish US companies rather than domestic ones. What I don't like as an EU citizen is that our network infra is ridden with Huawei equipment. I'd much rather have US equipment and services if domestic companies aren't capable delivering it rather than One Belt, One Road. Just take a look at Kyrgyzstan and how it's going to become a Chinese colony.
ClumsyPilot 6y ago
Agreed, its nicer doing business in a country where you can fraudulently cause global economic meltdown and go on unscathed.
- tupputuppu 6y ago
  I mut have missed this global economic meltdown you speak of, which was caused by GAFA?
  - ClumsyPilot 6y ago
    Is lack of corporate accountability exclusive to GAFA? You can kill ~300 people and noone goes to jail. You can launder money for druglords and just get a fine. What does a corporation have to do to actually suffer serious consequences, like jailtime or breaking up a company? Something that's not just 'cost of doing business'?
    - deleted 6y ago
      [deleted]

Would investors want to risk investing in a anti-tech part of the world who will blame them for everything? The EU is populist in trying to blame tech companies for all of society's ills.

gspr 6y ago

Now this is a claim you'll need to substantiate!

worldofmatthew 6y ago
Do I need to going into the whole blameing tech for "fake news" while the media spreads it themselves? Who wants to invest in what will be scapegoat for law makers to cry at?
- jacobwilliamroy 6y ago
  Social media did kind of spawn a new wave of christian terrorism in the U.S. in the form of Qanon.. so... the concern is not entirely unfounded. We cannot blame the userbase entirely, because the platforms themselves are designed to funnel people into thought bubbles where they can have access to as much batshit nonsense as they can fit into their eye and earholes. Plus even Homeland Security acknowledges that social media is a threat to national security, having recently published a report detailing how popular platforms could be used to create chaos through misinformation in the midst of our next election... So there are definitely some valid concerns... Actually, I forgot that christian terrorism is actually global now, with the Christchurch (N.Z.) mosque shooter having inspired multiple copycat terrorist attacks in California (U.S.), Texas (U.S.) and Norway. Of course these massacres are in addition to the other, white-supremacist christian terror attacks that had already been widespread in the United States before COVID took us all out of public places.
- worldofmatthew 6y ago
  And Newspapers have started wars with fake news.

petre 6y ago

No, the EU blames FAANG for skipping taxes and monopolistic behaviour. They might just prefer to punish US companies rather than domestic ones. What I don't like as an EU citizen is that our network infra is ridden with Huawei equipment. I'd much rather have US equipment and services if domestic companies aren't capable delivering it rather than One Belt, One Road. Just take a look at Kyrgyzstan and how it's going to become a Chinese colony.

ClumsyPilot 6y ago

Agreed, its nicer doing business in a country where you can fraudulently cause global economic meltdown and go on unscathed.

tupputuppu 6y ago
I mut have missed this global economic meltdown you speak of, which was caused by GAFA?
- ClumsyPilot 6y ago
  Is lack of corporate accountability exclusive to GAFA? You can kill ~300 people and noone goes to jail. You can launder money for druglords and just get a fine. What does a corporation have to do to actually suffer serious consequences, like jailtime or breaking up a company? Something that's not just 'cost of doing business'?
  - deleted 6y ago
    [deleted]