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by nickff 464 days ago
It depends on how you define success; the EU has certainly managed to achieve a great deal of standardization and compliance, at the cost of rate of progress and business model innovation. You might think this is a worthwhile trade off, but people differ in their priorities.
4 comments

Fewer deaths, higher quality of life, more job security. Seems like for the average person, the trade off is well worth it.
> business model innovation

The OpenAI grift, the Facebook & Google stalking advertising, the Uber “independent contractors”, and the Amazon two-for of workers pissing in bottles and squeezing your suppliers so prices rise everywhere.

Yes, what a loss for the EU.

> at the cost of rate of progress and business model innovation

That's a pretty massive claim. Do you have any examples of this?

Their entire tech sector compared to the US or China
Goodness, how specific.
If you want a more specific example, it's the company we're already talking about. There's no EU parallel to Apple, or the other FANG.
SAP, NXP, ASML, Hexagon, Infineon... These are all companies guaranteed to be touching hardware or software, they you use today, and will use tomorrow.
Biggest market cap out of those is SAP at $333B, which is less than the least valuable FAANG company Netflix.
Citations needed. The DSA never applied to a single EU company and GDPR is the bare minimum on user privacy.

And by the time the EU attempted any of those, we already had the duopoly and the competition was already dead.