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But the EU hasn't abolished or even reformed the AI act with the ridiculous FLOPs limit and bureaucracy that hurts innovation. Same for the Digital Services Ac
by GardenLetter27 2y ago
But the EU hasn't abolished or even reformed the AI act with the ridiculous FLOPs limit and bureaucracy that hurts innovation.
Same for the Digital Services Act, Cybersecurity Act, GDPR, etc. - all just more make-work and bureaucracy, just look at all the tools around auto-generating cookie banners for websites, and auto-accepting / hiding them for users!
Nevermind the crazy taxation issues, in Sweden I pay 56% income tax and 30% capital gains - that destroys a lot of motivation to innovate. You can work hard and risk a lot and the government just steals it from you anyway.
- Ragnarork 2y agoIf the presence of regulations and taxes destroys a portion of motivation to innovate, then that specific portion was likely harmful to society and I will not mourn that loss.
- GardenLetter27 2y agoIt's not just the motivation, but the ability to take a risk and have it be a viable and financially sustainable option. The more the government steals from you, the more sales you need early on to reach the same net income. This isn't rocket science - there's a reason Britain was home to the industrial revolution after the liberal reforms of the Glorious Revolution, and that the USA is today with their nation literally founded on those principles of free speech, liberty and free competition.