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Can you give a reasonable argument why they shouldn't? I'm not sure you're making the point you think you're making.

by hfkwer 3y ago

senttoschool 3y ago
They think that Google doesn't have enough competition right? So they want to regulate their markets. But as we know, Google's entire business is hugely threatened by LLMs. Over time, all companies die and get outcompeted. Google won't be any different. You don't have to regulate.
- hfkwer 3y ago
  Are you replying to the correct comment? What you've written is completely unrelated to mine.
- Etheryte 3y ago
  I don't think this is a very healthy approach. This is similar to saying that we shouldn't regulate what chemicals companies put into food because eventually the companies die and it won't be a problem. We want things to get better now, not in some abstract far away future.
Spivak 3y ago
It's not that they shouldn't but that they won't because every government is skittish to kill their own golden calves. It's easy to penalize foreign companies because it's not your country's income that's affected.
- hfkwer 3y ago
  So you're simply partaking in whataboutism? What does this bring to the discussion?
  - Spivak 3y ago
    That I a think this is going to eventually come to a political head and be resolved with a treaty rather than EU courts because Google's (and Facebook with the end of the data sharing agreement) redress is going to be appealing to the US. US tech companies have a very strong narrative right now that the EU's privacy and antitrust regulations are in effect, even if not intentional, a money extraction scheme. The EU has sued Google now 7 times under this statute as well as multiple times targeting Facebook, Amazon, Microsoft, and Apple. It's getting really hard to argue that they're not just going after the deepest (foreign) pockets with laws that are vague enough you could make a case against any medium sized tech company. The EU fined Luxottica $125 million and explicitly allowed them to merge with Essilor.

Can you give a reasonable argument why they shouldn't? I'm not sure you're making the point you think you're making.

by hfkwer 3y ago

Can you give a reasonable argument why they shouldn't? I'm not sure you're making the point you think you're making.

They think that Google doesn't have enough competition right? So they want to regulate their markets. But as we know, Google's entire business is hugely threatened by LLMs. Over time, all companies die and get outcompeted. Google won't be any different. You don't have to regulate.

hfkwer 3y ago
Are you replying to the correct comment? What you've written is completely unrelated to mine.
Etheryte 3y ago
I don't think this is a very healthy approach. This is similar to saying that we shouldn't regulate what chemicals companies put into food because eventually the companies die and it won't be a problem. We want things to get better now, not in some abstract far away future.

Spivak 3y ago

It's not that they shouldn't but that they won't because every government is skittish to kill their own golden calves. It's easy to penalize foreign companies because it's not your country's income that's affected.

hfkwer 3y ago
So you're simply partaking in whataboutism? What does this bring to the discussion?
- Spivak 3y ago
  That I a think this is going to eventually come to a political head and be resolved with a treaty rather than EU courts because Google's (and Facebook with the end of the data sharing agreement) redress is going to be appealing to the US. US tech companies have a very strong narrative right now that the EU's privacy and antitrust regulations are in effect, even if not intentional, a money extraction scheme. The EU has sued Google now 7 times under this statute as well as multiple times targeting Facebook, Amazon, Microsoft, and Apple. It's getting really hard to argue that they're not just going after the deepest (foreign) pockets with laws that are vague enough you could make a case against any medium sized tech company. The EU fined Luxottica $125 million and explicitly allowed them to merge with Essilor.