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I’m glad EU exists and gives shit to US Big Tech companies. There’s a range of good and bad but we should celebrate the push and pull forces. I like Apple now
by nojvek 3y ago
I’m glad EU exists and gives shit to US Big Tech companies.
There’s a range of good and bad but we should celebrate the push and pull forces.
I like Apple now has USB-C, or Tech companies now have to have download portals of all user data, and delete the data after deactivation.
Because EU makes the laws for EU, those benefits spread elsewhere.
And same with California’s CCPA laws.
Good regulation is when there are multiple players competing to provide the highest quality services and goods at the lowest prices, while maintaining a minimum bar of transparency, safety and long term sustainability.
Corporations want to make maximum profit. Capture the highest demand at highest prices while spending the least.
So govt regulation and corporations are wonderful push and pull forces if well balanced.
When prices go down, quality goes up, and total human comfort increases, that’s a wonderful future.
- deleted 3y ago[deleted]
- whimsicalism 3y agoIf the big tech companies were in the EU, the dynamic would be completely reversed. It’s simply rebranded protectionism.