Discussion

• @sullycnbc Brian Sullivan on x

  Between overregulation and the self imposed destruction of much of its energy mix, Europe dug itself a deep hole. And of course it's the working class who will deal with the fallout not the mostly rich bosses lording over the rules.

• @michael7ucci Michael Lucci on x

  The deep irony of Trans-Atlantic relations is that the U.S. wants a strong and vital Europe while Europe wants to be weak and vulnerable. Washington's rhetoric: get off Russian gas, CCP tech, stop regulating biz out of existence & build lethal militaries. Europe defers.

• @ramez Ramez Naam on x

  Regulation often serves as a moat for incumbents and larger players, who have the resources to comply, while new entrants and smaller players don't.

• @pmarca Marc Andreessen on x

  Regulatory capture: When the biggest companies become intertwined with the state, competing with them becomes impossible. Regulation doesn't constrain the biggest companies, it entrenches them. [image]

• @benthompson Ben Thompson on x

  There is nothing about this that is amazing. It was predicted endlessly, and those predictions were dismissed by people citing the fact that big companies opposed these measures. They opposed them because while their relative position is stronger, the pie is now smaller.

• @pmarca Marc Andreessen on x

  Perfect case study of how regulation that claims to rein in the biggest companies actually protects them. Many such cases. A constant threat.

• @petergklein Peter G. Klein on x

  This is a very standard argument in regulatory economics and political economy. Regulations typically benefit incumbents who can absorb the compliance costs more easily than smaller, newer, entrants.

• @tunguz Bojan Tunguz on x

  Europe really nerfed itself. “Yes, EU rules often applied to American firms, insofar as they wanted to offer their wares in the bloc. But regulation in practice hit European firms harder. The costs of administering complex data-protection rules, say, could easily be absorbed by

• @jimpethokoukis James Pethokoukis on x

  'Here is an uncomfortable truth for hand-wringing policymakers: Europe's dependency on America is in no small part Europe's own fault. Decades of over-regulating the old continent's economy left businesses there unable to compete with American firms' https://www.economist.com/...

• @xlr8harder @xlr8harder on x

  This is a great breakdown of how Europe regulated itself out of the tech boom, via a game plan it seems to be using again with AI. I hope Europe can avoid making the same mistake twice.

• @tedcruz Ted Cruz on x

  Important insight 👇

• @tobiaschneider Tobias Schneider on x

  I remember the discussions around GDPR at the time, when anyone and everyone with half a brain cell told Brussels that adding compliance layers would only reinforce the relative power of American companies who had essentially infinite capital to deploy

• @adamthierer Adam Thierer on x

  truly one of the most amazing developments in trans-Atlantic tech policy over the past 20 years is the way that Europe set out to regulate US tech giants into the ground, but only made them more dominant as a result. This Economist headline really says it. [image]