> I really hope that data privacy regulations don't have the unintended side-effect of significantly increasing the geographic balkanization of the web.

It will without a doubt have that effect.

EU citizens are now a liability and simply not worth it. If you are in the EU except yourself to be blocked from large portions of the internet.

On the plus side for the EU, maybe now they'll actually get some internet startups catering to them, since non-EU options are no longer available.