> Regulating the tech Market is great for local tech
Except, it is not. At least not in the situation that the EU is in. Because all regulations are a constant burden on business, small relative to big corporations, huge for medium companies and insurmountable for startups.
The EU has no big players, not a single one! We have a few medium players like SAP and that is it. So, we are already far behind and every weight we load on to drag us down is another nail in the coffin.
It's good the EU doesn't have a big player. Having big players is like having cancer. The EU has a functioning Immune system, the US is buckling under its immunu-comporomised ass. The resources ~~cancer cells~~ big players are extracting aren't going to the people.
Tech is very interconnected though, and the article points out an example where what you state is very much not true: "How would Mistral, a leading AI firm, survive if Nvidia exits the French market due to regulatory concerns?"
Would've been good if they had been able to come up with a realistic example that could be problematic, but they have not made the case at all while Nvidia would forego the EU market.
Are you just counting on others being too exhausted to bring yet another moot argument to its predetermined conclusion?
I'll finish it to save everyone some time:
A: how much of gdp is facilitated through the search abilities of meta and google, though?
B: It doesn't matter.
A: Why not?
B: There will be someone else who is willing to play by the local rules fulfilling the same function in their place, just like in many countries around the world already.
> Building a competitive search engine [..] requires VC investment.
> VC investment requires a vibrant startup ecosystem, well crafted regulations and a risk-tolerant culture.
Yandex, Baidu, and many other lesser-known local-only search engines exist. There's also nothing stopping an already existing technology company from entering search. The statement is incorrect.
Meanwhile common sense tells us that obviously there's going to be investment into domestic search engines if Google voluntarily throws in the towel. Europe is a huge place and there's a lot of money to be made, even if it's merely with context-based advertising and no individual tracking.
> Building a competitive [..] AI model requires VC investment [..] and a risk-tolerant culture.
Training a large model anyways, since nobody has really figured out how to recoup that investment yet. Why are you trying to derail this from talking about search though?
> Are you just counting on others being too exhausted to bring yet another moot argument to its predetermined conclusion?
Umm, nope. I’m conjecturing that there could be an enabling aspect of huge scale, and that some smaller economies may fall below the threshold. Personally i hope what you wrote works.
