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What EU firms? The EU is starved in big tech, and doesn’t have nearly the international impact as Silicon Valley/ US. Many EU companies that get big move to the
by vineyardmike 4y ago
What EU firms? The EU is starved in big tech, and doesn’t have nearly the international impact as Silicon Valley/ US. Many EU companies that get big move to the US (eg Spotify).
If the EU was host to surveillance advertising I’m sure the narrative would be that companies should provide services cheaply instead for the social good. While you can have whatever opinions you want on invasive tracking tech, the reality is that the EU never had their share of profits from it and have always been more critical of US based companies. Yes they’re protectionist.
Edit: it can be good for consumers and good for national protectionism. I’m not questioning if it’s good for consumers but it is definitely good for nationalism.
- science4sail 4y agoThis is pretty similar to a common argument that we see on HN: "Apple cares more about user privacy because the bulk of their revenue comes from selling devices, not ads". The issue here is whether Apple's pivot to services and advertising revenue will corrupt their privacy protections. Similarly, we can wonder if EU privacy protections will vanish if a future adtech unicorn gets born in France or Germany.
- 6510 4y agoIt's not really a question if but if enough of their revenue comes from selling ads they have to push it to the legal limit. Companies are suppose to make money but do so within the law. Of course they do have to create their own policies where laws are oddly missing but I imagine more of that kind of fuzzy logic would be the last thing big tech is interested in.
- vineyardmike 4y ago> The issue here is whether Apple's pivot to services and advertising revenue will corrupt their privacy protections Considering the way they treat FB data collection vs their own data collection… I’d guess yes. Apple has a not-so-subtle growth in ads that we’ve been hearing rumors about, and I wouldn’t be surprised to see a suit from Eg. Facebook. Apple ads will focus on app content - which the biggest competition used to facebook. > Similarly, we can wonder if EU privacy protections will vanish if a future adtech unicorn gets born in France or Germany I think the bigger likelihood is that this cements the reality that no new ad-tech giants will emerge. If you ban geese, you’ll never get a golden one.
- clnq 4y ago> What EU firms? All dealing with personal data, not just tech. Hotels, hospitals, retailers, banks, government organizations, insurance brokers, education institutions, and so on.