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by Y_Y
2581 days ago
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FTA on why it was made: > To show that GDPR is fucking stupid. Really, have a look at these crazy stats after 1 yr of GDPR: ~$60m in fines
compliance costs for US firms estimated at $150b (2500x fine amount!)
small co's hurt more than large. GOOG actually benefits!
VC $ invested in EU startups drops significantly
Is it redundant to say that this characterisation seriously misses the point of the legislation, and that this is a lot of trouble to go to just make a childish nuisance? |
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For example, draconian drug laws have great intent but horrible externalities - so much so, that even though I'm vehemently opposed to recreational drug use, I'm now sympathetic to treating it as an illness and not as a crime.