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by xvector
859 days ago
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You can easily use the dearth of meaningful consumer technology companies in the EU and their absurd overindexing on regulation as a predictor of what the EU's economy will look like. While the rest of the world dives into technology and AI, the EU will become a backwater, because the EU does not know how to craft regulation that balances innovation and "consumer good." It literally only focuses on the latter at all costs. And as technology eats the world, this will be the death of the EU. |
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You'll have plenty of shiny consumer items to select from (most if not all actually designed and manufactured over seas to keep costs down of course).
And if you are good litle drone you might just keep the current job long enough to scrounge together enough to buy the shiny item, so that it will signal to everyone that you are truly one of the pack that everyone around you so desperately needs to feel as being a part too.
This isn't some scifi reality that won't come to pass.
What worker protection do tech workers in the US actually have? How about the conditions in Amazon's 'fulfillment centers' (this term is down right Stalin-esque btw)? UPS drivers?
How many mergers have there been in the aeronautical sector since WW2 (hint, used to be 50+ companies and now there are 5).
And what is currently happening with the US airline manufacturer (the singular other manufacturer of its size compared to the EU' Airbus)?
I could go on, and on, and on but am hoping that you are smart enough to get the point I'm making.