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by api 1306 days ago
That’s very unsustainable for Europe and great for the US since the latter gets the most productive years.
1 comments
tomrod 1306 days ago
Right? European policy makers should look to determine what incentives they encourage that generates this fairly common attitude.
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mantas 1305 days ago
Maybe they just cater to their electorate. Democracy etc.
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tomrod 1305 days ago
Did the electorate vote on gdpr directly?

If so, I stand corrected.

If not, it was performed by representatives whose incentives are not aligned to the electorate (see Arrows impossibility theorem).

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mantas 1305 days ago
More direct democracy would be nice.

However, as a citizen of EU member, I’d say GDPR pretty well aligns with the general notion of the people.

Sometimes people ain’t happy when government uses GDPR as a scapegoat to keep iffy data private. E.g. hiding final beneficiaries of companies. But I don’t see people unhappy that GDPR prevents crappy software practices.

Same deal as credit cards. Here in Europe cards processing fees are capped. Thus we don’t have US-style kickbacks or points programmes. Which probably limits credit card issuers innovations and business models. But I don’t see people complaining about that.

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