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This is dangerous political rhetoric which sets the stage for all sorts of tit-for-tat regulation that seeks to optimize for the protection of local companies (
by numair 4y ago
This is dangerous political rhetoric which sets the stage for all sorts of tit-for-tat regulation that seeks to optimize for the protection of local companies (in this case, Meta/Facebook/Instagram, which have the world's largest face database and have consistently violated laws + lobbied against them).
Imagine what would happen if a Chinese regulator decided that Tesla's telematics stack was a massive national security risk? One random comment from some loser trying to build a political career (like this guy) and you'd see the stock go through a small crash.
The capture of American bureaucracy by paid interests is going to be the downfall of the country. Michael Lewis has been talking about this quite a bit recently, and will apparently make this the subject of his next book. I hope everyone reads it.
- clarionbell 4y agoThey already do that. China is notoriously strict about information control, hence minimal presence of western social media and tech companies on their market. Like when Google refused to comply with censorship. They've got clipped almost immediately[0] and haven't recovered to this day. And no, there was no appeal, no political process or way to get around it. If anything, America is lagging behind rest of the world in regulation, and is letting foreign companies get away with things that would get them banned in rest of the world. Another example would be ongoing EU crusade against media piracy. [0]https://en.wikipedia.org/wiki/Google_China#2010%E2%80%932016:_Giving_up_search_service https://en.wikipedia.org/wiki/Google_China#2010%E2%80%932016...