5 ms·

I arrive at something like 25% of global nominal GDP according to Wikipedia, but I just quickly added up the numbers in my head, might be wrong. The Facebook ad

by fhd2 3y ago

I arrive at something like 25% of global nominal GDP according to Wikipedia, but I just quickly added up the numbers in my head, might be wrong. The Facebook ad numbers are probably not too relevant of a comparison though, since Microsoft and OpenAI have a different business model. I'd suspect the share of potential global revenue must be something in the >20% range. But even if the EU was only 10% of the potential revenue - taking a 10% hit is not something large corporations do particularly willingly. I bet as long as they can find a way to make more money in the EU than they spend, they will. It's a business decision. Doesn't mean there won't be any whining.

spacebanana7 3y ago
> I bet as long as they can find a way to make more money in the EU than they spend, they will I think this is where the structure of the regulation becomes important. If GPT-4 had to be retrained with regulator friendly data or assume liability for misinformation in the EU then there might not be enough of a profit incentive to stay. I imagine they'd stay in the EU however if they just had to add more banners, data localisation and reporting. Albeit with whining.