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Re:The EU act is coming, this time for real probably by konschubert on Friday May 12, 2023 @08:58AM (#35915553)
Big companies can afford regulations. They will do just fine with writing all the compliance documents

But Small companies can’t afford the compliance overhead.

And big companies can only develop out of small companies.

So they will develop elsewhere

Re:The EU act is coming, this time for real probably by gumballindie on Friday May 12, 2023 @09:03AM (#35915622)
They said the same about GDPR and is working fine. If a company crosses me I just request data removal and call it a day. It's all good. I do hate GDPR popups tho.
Re:The EU act is coming, this time for real probably by anonylizard on Friday May 12, 2023 @09:24AM (#35915907)
Yeah, and now where is the privacy respecting European tech giant? Europe has fallen farther and farther behind in tech, every single year, and are now completely crushingly behind in AI. Like the only (continential) European AI company I know of is DeepL, and DeepL will soon be in DeepSh-t if GPT-4 costs go down.
Re:The EU act is coming, this time for real probably by gumballindie on Friday May 12, 2023 @09:45AM (#35916177)
The privacy respecting european tech giant is the citizen. Also there is significant contribution to ai coming from the old world, some of the most brilliant minds are from here. And whats the point in having gazzilionaire corporations with offices surrounded by tents and poverty? Where’s the progress in that?
Re:The EU act is coming, this time for real probably by hef19898 on Friday May 12, 2023 @09:52AM (#35916312)
People seem to forget dystopian cyberpunk was a parody and warning, not a playbook or something desirable. But as long as people can pretend to be part of the new, neo-feudlist tecj overlord class they don't seem to care. Until the inevitable, Zorg-like, FAANG / MAGMA layoffs happen and kick them out of the door that is.
Re:The EU act is coming, this time for real probably by gumballindie on Friday May 12, 2023 @10:24AM (#35916813)
Well exactly.
Re:The EU act is coming, this time for real probably by endisneigh on Friday May 12, 2023 @09:20AM (#35915856)
by what metric is it working fine?
Re:The EU act is coming, this time for real probably by hef19898 on Friday May 12, 2023 @09:28AM (#35915949)
Yes. Sorry, I mean most of them metrics.
Re:The EU act is coming, this time for real probably by jraph on Friday May 12, 2023 @10:28AM (#35916867)
> I do hate GDPR popups tho

They really are "let's annoy people people so they hate GDPR popups", not so much "GDPR popups".

You would not ask "can I track you?" to random people physically entering your store as a storekeeper.