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> Tech entrepreneurs struggle to navigate 27 different markets with different regulations, authorities, standards and requirements And cultures... And this ain
by wiz21c 2y ago
> Tech entrepreneurs struggle to navigate 27 different markets with different regulations, authorities, standards and requirements
And cultures... And this ain't gonna change any time soon...
- jillesvangurp 2y agoActually with generative AIs we soon won't need English as a middle ground anymore. Which is quite revolutionary. Right now English kind of serves as a common ground for doing international business. There are a few other languages that are important of course. But thanks to the British, English spread the furthest. Historically, that has created an advantage for native speakers and those educated well enough to master it. The Romans used to have the same thing with Latin. Latin has been a dead language for quite some time but it's still taught in a lot of places. This puts native speakers at and advantage. We're talking billions of people on this planet. The tech that OpenAI recently demoed, allows real time translation of pretty much any language to any other language. Babelfish just stopped being science fiction. On a side note, somebody needs to productize a fish shaped bluetooth earbud. Anyway, that enables a whole range of people that are currently hard to interact with because they don't speak English well, or at all, to interact with quite literally anyone on the planet that speaks something that LLMs can make sense of. Even people only speaking relatively obscure dialects or languages. That's going to have an effect on international trade and other exchanges. Not speaking English is going to stop being a hurdle. And likewise, LLMs can make it easier to navigate bureaucracy and deal with other local customs and procedures. I live in the EU.
- vidanay 2y agoI have a problem, so I used AI. Now I have two problems.
- jillesvangurp 2y agoThe only constant in all your problems is you. Don't blame the LLM.
- sveme 2y agoYes. It‘s striking what kind of benefits a large domestic market automatically brings to startups. If the EU really wants to get closer to the US and China, they really need to make the single market become true. Not going to happen in the foreseeable future, though.
- Ajay-p 2y agoI thought the EU had solved a lot of this by unifying the markets.
- septic-liqueur 2y agoAnd most importantly, languages. I find myself constantly wishing for an unified online marketplace, or unified comparison website for consumer products or reviews. Different SKUs for each country. It's just a nightmare to try and buy something in Europe
- M95D 2y agoNot a big problem. I had to learn English to use computers. It was hard. Fallout games helped a lot. I played with a dictionary by my side. Soon we will all learn chinese to do the same (and read relevant scientific articles).
- septic-liqueur 2y agoIf you live in Germany or Netherlands or any other big European market, you have access to big market where you can find everything. If you live in smaller market country in the EU you'll find much less options and buying from other countries becomes a hassle and expensive. It's not an open free flowing market like people might think it is. It makes it less competitive