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I'm glad the US does not adopt EU policies. Else we might see the dearth of progress in consumer technology that the EU has experienced over the past 20 years.
by xvector 3y ago
I'm glad the US does not adopt EU policies. Else we might see the dearth of progress in consumer technology that the EU has experienced over the past 20 years.
Someone actually has to incentivize building things and getting shit done, and the EU is clearly not it, as the last two decades show.
(There is probably a middle ground between the US and the EU but I'd rather err on the side of not shutting down consumer technology progress nearly completely like the EU has. Regulations take years to undo when you go too far.)
- piva00 3y agoCare to expand on exactly how EU's regulations on antitrust is responsible for what you consider "the death of progress in consumer technology"? The much simpler explanation is that the USA is a 340 million people market, richer, and more homogeneous in terms of language and culture for companies to develop products, no need to localise products into 30-50 languages to reach all the potential markets, no need to expend on marketing campaings tailored to some 20+ different cultures, with varied consumer behaviour, etc.
- fsflover 3y agohttps://news.ycombinator.com/item?id=39418713 https://news.ycombinator.com/item?id=39418713
- smoldesu 3y ago> Someone actually has to incentivize building things and getting shit done America will incentivize actual monopolies to massacre their employees before admitting they're wrong and need to stop: https://en.wikipedia.org/wiki/Homestead_strike https://en.wikipedia.org/wiki/Homestead_strike Say what you will about the free market, but assuming that businesses will always make the right decision is a good way of ensuring your food is rotten and your warranties go un-honored. Or worse.
- xvector 3y agoYou can theorize all you want given a strike in 1892, but in the last 20 years demonstrate this is not the case. Hundreds of disruptive startups have emerged and become successful. Now compare this same ones to the EU.
- smoldesu 3y ago> You can theorize all you want given a strike in 1892, but in the last 20 years demonstrate this is not the case. The last 20 years demonstrate that America will charge it's largest domestic tech business with a breakup over just their stance on third-party browsers. There's not much left to the imagination. > Hundreds of disruptive startups have emerged and become successful. Now compare this same ones to the EU. Like ARM and STMicroelectronics? Once you look past the West-coast hype machines, there's quite a few European businesses that haven't been challenged by American competitors, startup or otherwise. Some of them are even considered critical components of American businesses, if you could believe that.
- blackbear_ 3y agoRegulations are often touted as the reason why EU can't compete (which is anyways a narrow perspective), but nobody ever considers the fact that the US had such a huge early mover advantage thanks to the decades after world war II, during which Europe was busy rebuilding after being bombed to rubbles. Thanks to network effects and compounding growth, being the early mover determines most of later outcomes, IMHO.