Hey, great job on the detailed article. Excellent analysis. I wrote about a related topic recently (https://loeber.substack.com/p/20-no-more-eu-fines-for-big-tech) with the same overarching concerns as in your conclusion. My view is that the EC is overplaying their hand with their fines and regulatory environment -- big tech companies like Google provide useful services to consumers, and consumers will rebel once they realize that these abstract regulations are depriving them of real things of value.
If not that, then I fear we will see a bifurcation of technical products available, which could be a tremendous loss for European citizens as we're moving into an AI boom. If Apple and Meta won't release their latest AI products in the EU, then it prevents European technologists from building on those technologies, and that's a *compounding* loss of competitiveness. The consequences downstream of this are measured not just in GDP, but in quality of life and -- looking at AI as it intersects with healthcare, for example -- in lives.
thanks for pulling my attention towards your article. I‘ve just had the time to read it in full and I enjoyed it. Your entire Substack looks interesting and I‘m going to revisit it every now and then.
Kind regards, all the best and thanks for sharing your thoughts! Timo
Hey, great job on the detailed article. Excellent analysis. I wrote about a related topic recently (https://loeber.substack.com/p/20-no-more-eu-fines-for-big-tech) with the same overarching concerns as in your conclusion. My view is that the EC is overplaying their hand with their fines and regulatory environment -- big tech companies like Google provide useful services to consumers, and consumers will rebel once they realize that these abstract regulations are depriving them of real things of value.
If not that, then I fear we will see a bifurcation of technical products available, which could be a tremendous loss for European citizens as we're moving into an AI boom. If Apple and Meta won't release their latest AI products in the EU, then it prevents European technologists from building on those technologies, and that's a *compounding* loss of competitiveness. The consequences downstream of this are measured not just in GDP, but in quality of life and -- looking at AI as it intersects with healthcare, for example -- in lives.
Dear John,
thanks for pulling my attention towards your article. I‘ve just had the time to read it in full and I enjoyed it. Your entire Substack looks interesting and I‘m going to revisit it every now and then.
Kind regards, all the best and thanks for sharing your thoughts! Timo