7 ms·
Meta is free to close shop (in the EU) if it's not worth it to them. Not all business have the right to exist.
by xamolxix 2y ago
Meta is free to close shop (in the EU) if it's not worth it to them. Not all business have the right to exist.
- ToucanLoucan 2y agoEven further: No business has the right to exist. If your business can't make money because you have to respect the rights and freedoms of your customers, then close your shop up. If your business can't make money because you have to pay your workers enough to live, then close up shop. If your business can't make money because you have to abide the laws of the countries in which you operate, then close up shop. This bizarre entitlement that entrepreneurs have, especially but far from exclusively in the tech space, that just because they want their business to exist and make money that they therefore have this strange innate right to transact and draw profit, even when providing subpar service, paying subpar wages, cutting corners in the work they do, etc. etc. has been entertained for far too long. The way I was always taught it, markets select for firms that provide service well, at competitive cost, and business is a RISK because of those things. Sometimes risks don't pay off.
- chaostheory 2y agoIt’s ironic that you’re talking about entitlement when the EU is more or less telling meta to provide its services for free. Given that many EU countries are part of the 14 eyes alliance, these laws seem more like hypocritical protectionist legislation. They don’t care about the privacy of EU citizens. They only care about the survival of ancient EU companies. Ie why aren’t EU publishers subject to the same terms? Why can they offer targeted ads in lieu of payment? EU protectionism is also one of the reasons why the US is growing tired of continuing to subsidize the EU’s defense.
- ToucanLoucan 2y agoMeta (at the time Facebook) decided to provide it's services for free at the time of inception of the product. The EU did not force their hand and they're free to stop providing services to EU users at a time of their choosing. I find it rather amusing how the notion that a business that can't make money in a given region is so wholly incompatible with your thought processes that you just jump immediately to "the EU is trying to get them to operate for free!" Like just... what if Facebook just wasn't in Europe? Like... that would be fine. The planet would continue spinning, Facebook would still make shit tons of money. It's honestly kind of wild how committed you are to this one shitty product remaining available in this one region.
- chaostheory 2y agoYes, it’s this kind of thinking that makes it clear that the EU and the US are no longer allies. It goes both ways. Also if it was such shitty product, why are law makers forced legislate it to death? One would assume that EU users would simply stop using it.
- prmoustache 2y ago> It’s ironic that you’re talking about entitlement when the EU is more or less telling meta to provide its services for free. No. Facebook can paywall their services. What they condition the use of their services while respecting user's privacy to payments. It is like EU fighting against a criminal organization that offer "protection services" if you don't want them to burn your shop.
- chaostheory 2y agoThat analogy makes no sense as a retort to why EU publishers don’t have to abide by the same rules. EU publishers also have n free articles per month. It’s still just protectionism at the end of the day.
- prmoustache 2y agoI think the key is the EU's Data Protection Board can't probably fight all abuse at the same time and target first the biggest (in term of audience) first.
- chaostheory 2y agoIf they don’t bother enforcing the privacy rules on domestic companies, it’s just thinly veiled protectionism of dinosaur media companies.
- coretx 2y ago"Business", "entrepeneurs" and legal persons are not the same.
- Workaccount2 2y agoYou have it backwards. None of these tech companies are candid about how they monetize. I'd imagine that all but the bottom 10% of users at this point understand what is going on. So the problem isn't entitled corporations, the problem is users are willingly using these services. It would be way more fruitful if you redirected your anger towards the users who continue to just shrug and hand over their data. Or the ever growing contingent of people who are ad-blocking everything anyway, eating the fruits of garden while keeping their wallets taped shut. For them, the system as it is now is best.
- ToucanLoucan 2y agoIt depends which side you think has the responsibility to be candid and informed, the business or the consumer. While I'm all for informed consumers making good decisions, I believe there is also room to acknowledge the sheer amount of shit a consumer, today, must be informed about in order to properly operate in all the markets they are more or less required to. And with that in mind, I err more on the side that a business should be transparent about it's pricing and policies because the business is looking to make a profit. Informing your customer about your product used to be a very normal thing. A lot of sales training in the days of yore was about assessing customer needs and tailoring products to meet them. Now it seems to be a mad dash to get as many as you possibly can as quickly as you possibly can with as little work as possible. I have a strong dislike of the notion that the only way for customers to avoid being taken for a ride is that they have to know things about the businesses they are interacting with. I ask you: why should we permit this? Why do customers need to be experts on how their data is used to avoid it being done, or worse still, have to pay for the privilege of not being surveilled? What is the gain in that decision for larger society?
- Workaccount2 2y agoI get your argument, but like I said, pretty much everyone is well aware of data collection and targeted advertising. And they still use those services. Just like people are aware that Ubereats is a pile of fees on top of higher menu prices...and they still just use anyway to avoid having to call the restaurant to deliver or pickup themselves.