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The EU have a proven history of not being very good at foreseeing obvious, unintended consequences, they also have no history of addressing those short-comings
by quitit 3y ago
The EU have a proven history of not being very good at foreseeing obvious, unintended consequences, they also have no history of addressing those short-comings after they arise which is a weakness common to legislative bodies (large, slow, and change requires significant effort to generate support.) So it strikes me as a bit insane that they want to make a lot of very large changes simultaneously.
Of the new proposed changes, I can see so few actually rendering any net benefit to the consumer and EU businesses. There is so much wishful thinking going on here.
Do EU lawmakers believe that these changes will let EU tech businesses shoehorn themselves into these large, difficult to compete against platforms? It is not clear that it'll just be a land rush lead by large american tech companies. Then for any EU companies that do find a niche, they will simply be bought out - just like how the EU's AI darlings were.
It's like they have been baited into this maliciously: why wouldn't the EU introduce changes in a controlled roll out, where they can manage unintended consequences and limit the political fallout for problems that arise. Doing all of this at once is insanely risk-filled, and I feel this will put the journey to consumer protections on the back foot. A politician is not going to have the appetite to delve into this if it turns into toxic soup, meanwhile other countries progress will stall as they gesture warningly at the EU's mistakes.