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The European Politician would have to introspect and answer exactly how it is that they add value. All they can do is enact regulations and decrees in a centra
by filereaper 2y ago
The European Politician would have to introspect and answer exactly how it is that they add value.
All they can do is enact regulations and decrees in a centralized way like the former USSR.
Also as a entrepreneur in Europe, what incentives are there to create anything. There's the existing crippling regulations, employment laws are tough to try things out and just go bust, and at the end of it all if you're successful, the taxes remove whatever gains you should rightfully get for jumping through all these hoops.
All you have now are $200k designer bag manufacturers because of legacy.
I hope to god they do whatever is needed to keep ASML and the like competitive.
- jsiepkes 2y agoSo what are you proposing? Joining the race to the bottom to the Chinese surveillance state? Sell out "OCP"-style to big tech like the US?
- hot_gril 2y agoI won't propose a solution since I'm not in charge, but my guess for what will happen regardless is the EU outsources its tech innovation to some other place where they can still reap the rewards. Kinda like how they've imported energy from countries with lower environmental standards.
- jsiepkes 2y ago> but my guess for what will happen regardless is the EU outsources its tech innovation to some other place where they can still reap the rewards. The AI laws don't work that way. Just like Google can't say: "We'll just put all of our servers in the US so we don't have to comply with the GDPR and start serving the EU market". > Kinda like how they've imported energy from countries with lower environmental standards. That doesn't happen. Importing energy from another country doesn't make any difference for a countries emission rights and second of all the energy grid of the EU is connected only in a very limited way to countries outside the EU (like Turkey).
- hot_gril 2y agoOther way. An EU-based or EU-related business can serve non-EU customers differently. I'm referring to natural gas and other energy, not the electrical grid.
- hot_gril 2y ago(or it can serve EU customers but be offshore enough that it's not subject to EU countries' labor laws or taxes)
- JumpCrisscross 2y ago> AI laws don't work that way The companies being in America and selling demanded services in the EU will force the laws into one configuration, whether through lobbying by customers or direct pressure from the U.S. I’m not seeing, for example, any effort to comply with EU regulations among any of the smaller AI startups, most of whom have customers in the EU. (Which is rational. Once they get bigger they can weigh fines against exiting the market. And if it becomes widespread, it can escalate to a political priority for State.)
- sunaookami 2y ago> Joining the race to the bottom to the Chinese surveillance state? Look up chat control and Digital Services Act.
- bdjsiqoocwk 2y agoCould you name some of those crippling regulations you're talking about? Just so Im better informed as a european