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by gaiagraphia
12 days ago
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It's a privilege for these tech companies to operate in these nations, not a right. If they can't demonstrate positive value, then countries are absolutely right to cut out a cancer. I'm hugely in favour of more regulation with more revenue/users. If my income tax scales, so should the penalties associated their wealth extraction models. Ideally these big tech firms should be eliminating all the negative externalities associated with their use, either through funding systems, or a direct tax on revenue. The privacy side is worrying, but does Meta, Google, etc products are the antithesis of privacy anyway. Anything which burns their model and ideologies to the ground is a welcome change. As long as these draconian regulations only impact the hugest companies who don't demonstrate positive value, I think it's ok. If they start coming for smaller sites, message boards, etc, then it's a problem. |
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