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I might be talking out of my depth, as I don’t live in Europe, but I’ve heard the same paraphrased headlines like these since at least 2016. Has status quo been
by kredd 2y ago
I might be talking out of my depth, as I don’t live in Europe, but I’ve heard the same paraphrased headlines like these since at least 2016. Has status quo been swayed one way or another since then? Theoretically speaking, wouldn’t legislating away the top US players open the market to the local companies a la Naver in SK, WeChat in China or Line in Japan? I understand I’m dumbing it down, but assuming such legislations are supported by the local residents. I don’t think I would support it, personally, but I can see their point as well.
- aranelsurion 2y agoI don't get this article. Title is "Europe Is in Danger of Regulating Its Tech Market Out of Existence". But then the subtitle says "Poorly designed laws are forcing *global firms* to leave." (emphasis mine) Then you see a picture of an Apple Vision Pro. I've only skimmed through the article and there are 11 mentions of Apple and 12 mentions of Meta, then some mentions of X and such. These aren't even "global" firms, they are all American ones. If anything, it sounds like they may be regulating away US products from the European market, and that's a big "maybe", which is different from what I understood from the title they chose.
- jeremyjh 2y agoYou seem to have confused "tech market" with "tech industry".
- aranelsurion 2y agoIDK, are local products and products from elsewhere other than US are not meant when one says "european tech market"? The title says the market is in danger of going out of existence, and the article solely mentions a handful of big US companies AFAICT. Or maybe it's a dig at Europe for having large parts of its market dominated by US companies, and I'm missing that.
- jeremyjh 2y agoThe market is defined by the buyers, not the sellers.
- Vinnl 2y agoIt seems to hinge on extrapolating from Apple not doing AI in the EU that NVidia might leave the market, harming Mistral.
- kranke155 2y agoWhy would Nvidia leave the market?
- Vinnl 2y agoBeats me, and the article also doesn't back that up at all, other than that Apple skipped a feature in the EU.
- wmf 2y agoUnspecified future boogeyman AI regulations. Or antitrust which Nvidia is already being investigated for. Realistically Nvidia did not leave China and they will not leave Europe.
- fl0id 2y agowhich doesn't make any sense, b/c afaik almost here AI regulations impact usage etc, not chip makers.
- wmf 2y agoSome people are calling for GPUs to be nerfed but that's fringe at this point. If you wanted to create the most extreme strawman of EU regulation possible... maybe that's one example you'd come up with.
- Moldoteck 2y agoEven with nerfed gpus why would nvidia leave? I mean they sell lots of nerfed gpus to china
- pizlonator 2y ago
- whazor 2y agoA more practical example is that Facebook cannot promote its marketplace anymore. In Europe there are local alternatives for market places that get disadvantaged. Spotify, an EU company, has to compete with Apple Music and YouTube Music. Both of which have their own mobile operating systems and markets. Now we get a lot of backlash from these big tech firms as for years they have been integrating services into their walled gardens. Which now is hard to decouple from their platform.
- fruit2020 2y agoThis is not always good for the end user. Now I have to go to google maps manually because it’s most of the time no longer integrated with google search
- Nathanba 2y agowhat exactly prevents them from giving me a dropdown with links to apple maps, kagi maps, bing maps and google maps and my choice gets saved to my google account as the default? Instead all they show me is a useless javascript map which is still google maps but I cant do anything useful on it and it's super frustrating trying to get to a map for a place search
- notimetorelax 2y agoTo play devils advocate - it costs money to integrate with all the competing map providers and to display them properly on the site. You could think of a plug in approach where map providers integrate themselves, still someone needs to maintain that plug in infra. Nothing is free. And it’s the same story for any kind of service that’s subject to DMA.
- Nathanba 2y agoYes but this is a multi billion dollar company and the base integration could be as simple as opening the link and it doesn't even have to link to the correct place. They can have the ui make clear that it's a generic link to another map site. Although I just figured out how to link to something with a query text on bing in a minute: https://www.bing.com/maps?q=USA https://www.bing.com/maps?q=USA The exact same thing works on kagi.com/maps btw. So I don't think that this is too much to ask for, I rather think that they are trying to create pressure on the EU.
- insane_dreamer 2y agoTypical US centric reporting. “EU tech market” == US companies’ ability to make a profit in EU
- rty32 2y agoSame. I didn't see any explanation or example about "poorly designed" or "leave". And yes Vision Pro is completely irrelevant and very confusing. To me the entire article is just a well-formatted rant adapted from a random reddit post.
- cheptsov 2y agoI’m living in Europe, I'm deeply disappointed by the current situation. The problems run much deeper than just regulations; they extend far beyond politics. 1. VCs outright avoid investing in deep tech, with only rare exceptions. 2. Founders overwhelmingly choose to build small, sustainable companies, steering clear of big tech. 3. Employees consistently prefer consulting jobs and value vacation days over equity. 4. The bureaucracy startups face when incorporating or raising funds is staggering (Germany, I'm looking at you). While this may seem beneficial from a social perspective, it creates the worst possible environment for tech startups. I have immense respect for the few European startups that manage to survive and thrive despite these obstacles.
- kredd 2y agoFair enough. Unless I misunderstood your point it sounds like, what you guys have right now is good for people and their lives. Isn't that the entire point of life? I can see why general population might support it, while us techies would be pushing for deregulation and less of work-life balance. So my understanding of these articles is "it might be bad in a long term!", but Europe is still big enough market for all these companies eventually bend over backwards to get access to it. Again, really no skin in the game, as I don't live there and I only have limited amount of perspective, which comes from my European resident non-techie friends.
- cheptsov 2y agoEurope is an amazing place, which is why I moved here in the first place. But for techies, it can be pretty challenging. The issue isn't with the techies themselves, though. The problem is that the environment here holds back big tech, making Europe heavily dependent on the US.
- layer8 2y agoThe mistake is making oneself dependent on big tech in the first place.
- ryandrake 2y ago
- LtWorf 2y agoJust paid articles trying to push their agenda. We have no tech sector in europe. As soon as a company has more than 6 developers it gets bought by a USA company (that's a slight exaggeration, not by much).
- cheptsov 2y agoJust curious what their agenda can be…
- LtWorf 2y agoFBs agenda? Be able to do whatever they want without paying taxes basically.
- Moldoteck 2y agoThat's not a slight exaggeration, it's a huge exaggeration to try to make your point valid.
- LtWorf 2y agoTry to find a job as a software developer in europe in a company with more than 50 developers that isn't foreign owned.
- Moldoteck 2y agoHow would this change what I've said and you've said? Instead of providing real stats you just throw random affirmations and expect people to believe them
- pornel 2y agoUK tried to have a "silicon roundabout" and attract VC investment, but then Brexit happened and the allure of English-speaking entry point into the EU market has disappeared. Europe has missed out on the craze of getting millions to build an Uber for Cats.
- machiaweliczny 2y agoYes, it’s exactly what is needed in EU. Especially now as we can’t trust in trans-Atlantic relations. EU will go with own tech and military 100%