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by Silhouette
1306 days ago
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Everyone in Europe would like Europe to innovate more. Unfortunately every time European governments add more regulation they usually also make it harder to do that. You need to find the sweet spot. Too little regulation is harmful. Too much regulation is also harmful. The EU and US are near opposite ends of the spectrum at the moment and neither is an ideal place to be. The US produces many more financially successful big tech businesses but those businesses do a lot of things we don't like. The EU doesn't produce many successful big tech businesses in the first place. |
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I'm more a fan of the EU because I think these sorts of regulations are good. The thing they do wrong here is that they do it slow. E.g. they introduce the universal USB-C port, companies won't be motivated to innovate on that tech since they know it'll take ages for the EU to update the law. So after all yeah finding a sweet spot of course is the best, the thing is that we don't know how to find it.