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Then you're not paying attention. U.S tech companies are the envy of the world, and every country is looking to limit or cripple them in some way. TikTok is a p

Then you're not paying attention. U.S tech companies are the envy of the world, and every country is looking to limit or cripple them in some way. TikTok is a prime example of how government support has allowed a foreign tech company to unseat what should be an unmoving dominance of western tech. Without equally aggressive support it's only a matter of time before the magnificent 7 are gone, and the Biden admin seemed to be working in the opposite direction.

cruzcampo 1y ago
But the tariffs are what will cause them to be gone. It's literally the EU's planned response should Trump not back down from his trade war: https://www.reuters.com/technology/eu-could-tax-big-tech-if-trump-trade-talks-fail-von-der-leyen-says-ft-2025-04-10/ https://www.reuters.com/technology/eu-could-tax-big-tech-if-...
- zeroCalories 1y ago
  If you watch their actions it's clear they're already planning it either way. Australia and Canada are pretty much running extortion on social media companies to subsidize local industry, the EU is trying to break up and companies with stuff like DMA, and of course other markets like China don't even bother pretending to care for our companies. As much as I dislike someone like Vance, his willingness to threaten countries for their plans to regulate Twitter is the kind of support big tech needs that the Biden admin had no interest in giving.
  - watwut 1y ago
    The most powerful billionaires are basically victims ... while their actual victims don't matter.
  - cruzcampo 1y ago
    I strongly disagree with you here. I think big tech has become way too powerful and has increasingly been wielding said power for evil. I think breaking it up and regulating it is the way forward if we want to save our democracies.
    - zeroCalories 1y ago
      See? You fundamentally don't care about big tech, so why should it care about you? I care about big tech because big tech is America. We've invested all our best and most productive people into tech, and it carries our whole economy and U.S hegemony in general. I don't want to cripple our industry or let someone usurp it. I want democrats to work with big tech to minimize the harm domestically while maintaining dominance.
      - cruzcampo 1y ago
        Big tech is America? What are you even talking about? Big Tech is a tiny fraction of America that's increasingly hated by the rest of the country - and the world. It's actively harmful to US hegemony, too, with industry leaders starting fights with your closest allies.
        disgruntledphd2 1y ago
        Tech and finance keep the US economy afloat. It's rather like an Irish person defending transfer pricing. Probably morally wrong but completely understandable.
      - totalkikedeath 1y ago
        [dead]

cruzcampo 1y ago

But the tariffs are what will cause them to be gone. It's literally the EU's planned response should Trump not back down from his trade war: https://www.reuters.com/technology/eu-could-tax-big-tech-if-trump-trade-talks-fail-von-der-leyen-says-ft-2025-04-10/ https://www.reuters.com/technology/eu-could-tax-big-tech-if-...

zeroCalories 1y ago
If you watch their actions it's clear they're already planning it either way. Australia and Canada are pretty much running extortion on social media companies to subsidize local industry, the EU is trying to break up and companies with stuff like DMA, and of course other markets like China don't even bother pretending to care for our companies. As much as I dislike someone like Vance, his willingness to threaten countries for their plans to regulate Twitter is the kind of support big tech needs that the Biden admin had no interest in giving.
- watwut 1y ago
  The most powerful billionaires are basically victims ... while their actual victims don't matter.
- cruzcampo 1y ago
  I strongly disagree with you here. I think big tech has become way too powerful and has increasingly been wielding said power for evil. I think breaking it up and regulating it is the way forward if we want to save our democracies.
  - zeroCalories 1y ago
    See? You fundamentally don't care about big tech, so why should it care about you? I care about big tech because big tech is America. We've invested all our best and most productive people into tech, and it carries our whole economy and U.S hegemony in general. I don't want to cripple our industry or let someone usurp it. I want democrats to work with big tech to minimize the harm domestically while maintaining dominance.
    - cruzcampo 1y ago
      Big tech is America? What are you even talking about? Big Tech is a tiny fraction of America that's increasingly hated by the rest of the country - and the world. It's actively harmful to US hegemony, too, with industry leaders starting fights with your closest allies.
      - disgruntledphd2 1y ago
        Tech and finance keep the US economy afloat. It's rather like an Irish person defending transfer pricing. Probably morally wrong but completely understandable.
    - totalkikedeath 1y ago
      [dead]