4 ms·

Yes, 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

Yes, 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 ago
  MS 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.
  - disgruntledphd2 1y ago
    > 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. Two reasons, sort of which make sense together. 1. lack of capital. Enterprise is hard, and takes a long time and lots of salespeople (even if you had a perfect product) 2. Lack of business relationships. In order to get people to move, you need to be way better on at least one dimension or it's pointless. So you'd need to start somewhere and slowly land-grab over time. Much harder to do that when MS/AWS/Google all have these relationships and won't stand still as you work. Modulo cross-border data sharing being definitely killed (which would change the game) it would be a long hard slog.

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 ago
MS 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.
- disgruntledphd2 1y ago
  > 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. Two reasons, sort of which make sense together. 1. lack of capital. Enterprise is hard, and takes a long time and lots of salespeople (even if you had a perfect product) 2. Lack of business relationships. In order to get people to move, you need to be way better on at least one dimension or it's pointless. So you'd need to start somewhere and slowly land-grab over time. Much harder to do that when MS/AWS/Google all have these relationships and won't stand still as you work. Modulo cross-border data sharing being definitely killed (which would change the game) it would be a long hard slog.