| > I don't see why "asking for less regulation" concerns you. Because the "less regulation" is in response to the EU saying you can't have algorithms making life or death decisions if they can't be explained and can't be escalated to a human. People are literally asking for companies to be able to shrug behind "computer says no" with no recourse. We have the UK Post Office scandal for a closer to home example on why this is a terrible idea. "Less regulation" here would be plainly terrible for everyone. > No one seems to care that Europe's wealth is fragile, based mainly on "old" companies or banks. Along with migration, it's probably the two most discussed topics. Funnily for it too, everyone says "nobody cares", yet it's literally among the most discussed things. > Even if the goals of initiatives like GDPR, the AI Act, and the Green Deal are "right", we can't deny that they come with a price. This added cost inevitably makes companies less efficient in Europe. This is a simple consequence. Can we truly afford this? I get what you're saying, and there's a point at which I would agree; but I also fully consider that allowing companies to let people die and hide behind "The Algorithm" is something so fundamentally wrong, that we cannot (humanely) afford not to have regulations against it. > In the US and China, new technologies are constantly being created, while in Europe, innovation is stagnating Because you're comparing massive economies with lots of capital to burn, vs a loose collection of much smaller countries. There is tons of innovation in various European countries, it's just of different types, and doesn't scale nearly to the same extent. And that is a problem (because, as you said, a lot of the economy is reliant on big old players, which isn't necessarily bad, but is lacking in economic diversification). > As an Italian (living elsewhere in Europe), I find the situation worrying. The demographic decline is dramatic, and pension and healthcare costs are skyrocketing. In Italy, a worker under 40 often earns less than a retiree. With such a sharp demographic decline, retirees have enormous political power It's the same in France too, and it is indeed worrying. Public budgets are getting increasingly more complicated to balance. But, allowing companies to deploy AI to make life or death decisions won't change anything around this. Allowing them to harvest personal data without even knowing what they have won't change anything around this either. Allowing gatekeepers to stifle any possible competition (not having DMA/DSA), same thing. The biggest changes needed are capital investments to help the tons of startups all over Europe scale; and complex policies to help minimise the demographic collapse. Some of it is natural and nothing can be done about it (if a couple doesn't want kids, no amount of aid is going to change their mind), but for others it's a matter of being unable to afford (more) kids. |
Its disscussed here, still nobody is acting. This is a bubble.
> I get what you're saying, and there's a point at which I would agree; but I also fully consider that allowing companies to let people die and hide behind "The Algorithm" is something so fundamentally wrong, that we cannot (humanely) afford not to have regulations against it.
This sentence is fundamentally wrong, no one is dying. And for me, it perfectly sums up the issues we're discussing.
We've reached the point where if there's a risk of something happening, no matter the probability neither the magnitude, something must be done. Even if the solution is totally destructive, inappropriate for the problem, etc. Or even worse, deciding when the problem does not yet exist. Or the technology is still in its early stages. Like AI. This is what you are proposing. This is what I criticize.
Slowing down or stopping everything because MAYBE it's the right thing to do, MAYBE something we don't like might happen. This comes at a cost, especially if you apply this principle to everything around you in small doses. It's poison for productivity and efficiency.
I don't know if you are for or against nuclear power. I am quite pro nuclear power. But everyone knows about the European Pressurized Reactor (EPR) project, it is a failure in terms of costs and bureaucracy. China and South Korea are able to build reactors quickly and at low cost. The same EPR reactors built in China have low costs and short construction times (I am referring to the Taishan Nuclear Power Plant). The problem is exclusively European.
In the name of some ideology, we are destroying our productivity and efficency. Again. Why?
And I know very well that the answer is always the same. Safety. But it's just an excuse to sell you the services of yet another bureaucrat. There are very precise risk analyses that show nuclear reactors to be orders of magnitude safer than all other energy sources. So why this ideological obsession? Safety has nothing to do with it.
No one cares about risk analyses. Because the answer will always be “it's never enough.” But at what cost? Again, no one cares.
And thanks to this choices, in the name of safety, building reactors in Europe is difficult and expensive. But in the meantime, it is perfectly legitimate to build gas or coal-fired power plants.
Europe is full of this kind of hypocrisy.