3 ms·
Finally! Other countries should create conditions where worthwhile competitors can be founded and thrive, not regulate the crap out of everything.
by ExoticPearTree 1y ago
Finally! Other countries should create conditions where worthwhile competitors can be founded and thrive, not regulate the crap out of everything.
- diego_moita 1y ago> Other countries should The most favorite 3 words of every imperialist gringo. Their least favorite words are probably "sovereignty" and "self determination".
- ExoticPearTree 1y agoI'll bite. North Kora is sovereign and has self determination. Is it good or bad for the people? My gripe is with the EU which feels the need to regulate everything. And my view is that it shouldn't. And if there is someone that can force them to rethink their approach, then I will support that. And yes, other countries should follow the example of the US where everything is permitted unless explicitly denied, and not vice-versa.
- kubb 1y agoI wish they banned big tech products in Europe as retaliation for tariffs. All that money being wasted on what? No value. Keep Microsoft Office and Cloud for a couple of years. Obliterate the rest. S&P would collapse.
- diego_moita 1y ago> Is it good or bad for the people? It is very, very bad. But that is still their problem, not the U.S.'s problem. That is the point of sovereignty. And besides, an U.S.-supported "democracy" is quite often as bad (viz: Chile's Pinochet, Iran's Rheza Pahlevi, etc). > force them > other countries should As a latin-american I say: please, Americans, keep thinking like that. Keep believing in "American exceptionalism". The more you do this kind of nationalist narcissism, the less relevant you'll become. And that's what I want.
- ExoticPearTree 1y agoYes, other countries should foster innovation rather than kill it with regulation. This way, the monopoly created by the US tech companies will disappear on its own. If the EU would be truly a single market and it would not be so risk averse, nothing would stop a company to create the next Google Workspace or the next AWS. But until then, the EU innovates by making the bottle caps be stick to the bottle. PS: not american.
- disgruntledphd2 1y ago> This way, the monopoly created by the US tech companies will disappear on its own I mean no disrespect, but has this ever happened without regulation? Like, the ONLY reason that Google/Facebook took off was that Microsoft were slammed with antitrust suits in both the EU and US. Absent that, they'd have been absorbed by the mothership. But apparently regulation is bad, which is why we basically have an oligopoly in tech now which is good because ???. Like, I spent half a decade working on advertising at Big Tech, and there were basically nowhere I could go to continue working on that when I left. My only options became TikTok which didn't make sense to me as I assumed they'd never be able to IPO in the US (correctly, as it turned out). This is not the sign of a healthy market, and long-term its really bad for society.
- ExoticPearTree 1y agoMS was slapped with lawsuits for anticompetitive practices. Now we have laws around that. If you offer alternatives that are very close to drop-in replacements for what people want, then you can have a pig chunk of the cloud. At least in the PaaS/IaaS markets and some managed offerings that are popular such S3 like services, managed databases and a few others. There is this oligopoly because Amazon/Microsoft/Google poured tens of billions into that. Google is still in the 3rd place with a very low market margin and keeps investing in the cloud because I guess they see the future potential for doing this. I don't see why an European company or a consortium can't make this happen since most of the technology used for cloud services is OSS and you just need some proprietary glue here and there to make everything work.
- saubeidl 1y agoThat is precisely what the Digital Markets Act is there to do. Turns out the Americans don't like the idea of worthwhile competitors.