2 ms·
> It is the lack of a predictable regulatory landscape in Europe What are on about? Europe's regulatory landscape is very predictable. GDPR was in the works fo
by dmitriid 4y ago
> It is the lack of a predictable regulatory landscape in Europe
What are on about? Europe's regulatory landscape is very predictable. GDPR was in the works for several years, and then had a two year grace period after going into effect. How more predictable do you want it to be?
> that keeps them from being a hotbed of technological innovation
Here are the reason why the US has a "hotbed of technological innovation": https://news.ycombinator.com/item?id=34265902 https://news.ycombinator.com/item?id=34265902
> keeps their people poorer
Ah yes. Poorer. Remind me what's the rate of medical bankruptcies, people on food stamps and people working two jobs is in the US vs. the EU?
> and requires continuous free-riding off of the US across a wide swath of sectors including healthcare and tech.
Ah yes. "free riding off the US" wat? If you think that cost of healthcare is what your insurance tower of babel is telling you, you need a doze of reality pills (too bad they are too expensive in the US).
The US only spends about 5% of its healthcare spending on actual R&D (~$170-180 billion). While it's more than Europe ($100-110 billion) it's not enough to say that Europe is "free loading"
> This decision, as I understand it, renders large swathes of tech service revenue models untenable.
If your "revenue model" relies on wholesale collection and sale of people's private data, good riddance.