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It seems like it depends. If it's just paying fines, like where the EU uses US tech companies as a piggy bank, you can easily compare your revenue to the cost a
by jdminhbg 3y ago
It seems like it depends. If it's just paying fines, like where the EU uses US tech companies as a piggy bank, you can easily compare your revenue to the cost and decide to stay. It's not as much money as it would be otherwise, but with zero-marginal-cost products, it's still worth it. On the other hand, where it would completely break your product, like in the case of installing backdoors into E2EE chat applications, it might not be worth it anymore. Google and Meta survive fine without China, for example.
- sol91949 3y agoAnd then emerging companies and nations will fill the gap. This may benefit everyone except pre-existing hegemons, suffice to say it’s not in a monopolists interest to allow any other significant marketplace to be dominated by another. This is why we the strategy of isolating China rather than competing directly may backfire. Also why China protecting it’s own internal market is net beneficial for the world in aggregate, whilst perhaps not good for dominant powers (hence the geopolitical u-turn from China good to China bad)