Re:Europe's misguided hostility towards Pay or Okay
by t888 on Sunday March 31, 2024 @01:10PM
(#39885968)
Meta is, in my opinion, one of the most harmful of all tech companies, and much of the negativity that is directed to tech in general is really just the effect of social media.
That said, pretty much everything the DMA is about is simply picking winners and destroying value. Facebook is already under threat from competing networks, and society is already growing tired of social media dynamics. Apple’s model is under threat from AI, and Meta is determined to compete with them for in AR/XR.
The EC has said they don’t want to be seen as “Idiot Bureaucrats”, but what they are up to in terms of an unelected state body becoming a hands on manager of Tech makes the CCP look laissez-faire.
The DMA makes Brexit suddenly look like a good idea.
That said, pretty much everything the DMA is about is simply picking winners and destroying value. Facebook is already under threat from competing networks, and society is already growing tired of social media dynamics. Apple’s model is under threat from AI, and Meta is determined to compete with them for in AR/XR.
The EC has said they don’t want to be seen as “Idiot Bureaucrats”, but what they are up to in terms of an unelected state body becoming a hands on manager of Tech makes the CCP look laissez-faire.
The DMA makes Brexit suddenly look like a good idea.