4 ms·
I think it's going to be hard to create regulations for an industry that largely doesn't exist yet, without strangling it at birth. The rules don't really make
by alexgmcm 6y ago
I think it's going to be hard to create regulations for an industry that largely doesn't exist yet, without strangling it at birth.
The rules don't really make much sense either:
> Social scoring systems, such as those launched in China that track the trustworthiness of people and businesses, are classified as "contravening the Union values" and are going to be banned.
Does this mean stuff like Yelp reviews will be banned now? Or is that not "AI" enough to count?
Between this and the horrendous anti-GM laws, Europe will struggle to compete in the future. But I guess it'll create jobs for a whole new load of bureaucrats.
- fxtentacle 6y agoSince yelp and Amazon reviews are known to be mostly fake anyway, it might be a good idea to stop them. People can just go back to purchasing a testing magazine and reading the tests.
- etripe 6y agoThe difference between a Yelp review and a government social score is the Yelp score doesn't determine whether you're eligible for loans, jobs, education and so on. > Europe will struggle to compete in the future I'd say it already does, but not because it addresses valid issues through regulation or introduces excess regulation for invalid use cases. One reason it does is regulatory capture, stifling competition to already established companies. It shares this aspect with the US. Another is a cultural difference with the US, Japan or China in terms of general ambition/entrepreneurship. The European dream for most seems to be "get big enough so I can cash out", not "let's take over the world". Yet another is that Europe, while being unified in many respects, still is a loose federation of a bunch of different cultures and languages, making it more work to appeal to and serve everyone in the internal single market.