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Fair 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 l
by kredd 2y ago
Fair 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 agoI think a lot of the complaining on HN comes from the engineers themselves. "Ugh," they say, "We have to write all of this boring code to comply with regulations, rather than writing exciting features!" I see it a little differently. As someone who's spent a good part of the last 6-8 years working on GDPR and DMA compliance projects, the way I look at it is: "We are finally making our product better for users, working on privacy improvements that our companies have opposed until it was forced on them." EU-led regulation has been a great engineering opportunity and a product forcing-function.
- brigadier132 2y ago> what you guys have right now is good for people and their lives Let's see how long it lasts, Europe's economy is terrible and their people are significantly poorer. I don't think their current welfare state is sustainable without tax revenue from large businesses. Eventually every European citizen will be a waiter, hotel staff, or a tour guide.
- kazen44 2y agohow is europe's economy terrible? by what metric? considering that the EU still has a very large part of the global economy, especially compared to its population and size. Also, the tech industry is not the only part of the economy. large parts of the EU are absolutely massive in terms of industrial machinery and scientific companies. People on HN always seem to forget that a lot of money can be made by making something very high end which solves a specific problem, no matter if it is sexy or not.
- hnhg 2y agoMaybe terrible is too strong but the trajectory is not great: https://www.euronews.com/business/2024/07/25/germanys-business-climate-worsens-in-july-european-stocks-plunge https://www.euronews.com/business/2024/07/25/germanys-busine...?
- kazen44 2y agowell, lets not forget what happened since the start of 2022... the invasion of ukraine has a major impact on the european economy, but that has very little to do with the article in question...
- treprinum 2y ago40 years ago Europe (without former Warsaw Pact countries) accounted for 25% of global trade. These days it's ~12% and dropping. Since 2008 there is no meaningful GDP growth (1-2%) whereas US and China exploded in that time. India is on track to surpass EU by 2050. All that will be left is a large open-air museum.
- echoangle 2y agoIndia, a country with 1.4 billion people and growing, overtaking the EU with 0.44 billion people in 26 years (!) isn’t the flex you think it is.
- 2y ago
- pitaj 2y agoComfortable stagnation is not a stable state for a society.