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They keep doing these things that are ostensibly aimed at hurting Google, Facebook, Microsoft, etc. But the effect of their actions just entrenches those big pl
by thrower123 5y ago
They keep doing these things that are ostensibly aimed at hurting Google, Facebook, Microsoft, etc. But the effect of their actions just entrenches those big players, who have the money and the legal teams and the resources, such that the added regulatory burden widens their moats and suppresses upstart competition.
- thakoppno 5y agoPerhaps it slows down bigger tech companies ability to innovate. My tech co has spent a significant amount of energy complying with GDPR and CCPA the last couple years while the products have received less and less feature improvements. A brand new entrant would likely bolt on compliance to their innovative product once it reached critical mass, not before.
- jokethrowaway 5y agoThe real result is preventing smaller players from emerging. Big tech can easily deal with regulations, they have money. A new social network? It doesn't stand a chance, especially if they raised money in Europe. I wonder if Big Tech will bail out the EU once they collapse on their debts.