Mario Draghi - EU central bank president - created a huge report for the EU that was just published. He singled out overregulation as a key issue in european pr

Mario Draghi - EU central bank president - created a huge report for the EU that was just published. He singled out overregulation as a key issue in european progress. Specifically, the report called out GDPR costing small businesses 'more than' 15% of their profits. This is indeed quite a hurdle. Privacy isn't really the issue - it's regulation that understands that complexity has a cost. We, as developers, should understand the deep, deep cost of complexity. As a business owner that respects privacy a great deal, GDPR and regulation like it are still an immense hurdle - the cost in understanding and in doing things to the letter of the law is, I think, hard to grasp from the outside. Regulations occupy a huge amount of space in my head that was previously filled with making a better product. PDF available here: https://commission.europa.eu/topics/strengthening-european-competitiveness/eu-competitiveness-looking-ahead_en https://commission.europa.eu/topics/strengthening-european-c...