Comment Re: You know it sounds like somebody (Score 1) 90
You would think Europe would have the good sense to stop America's democracy from collapsing.
Thanks to the Tech bros, we're having a hard time stopping EU democracy from collapsing.
The EU controls zero percent of its main social media. The USA will as of next week control 100%, same as China and Russia. And while the EU isn't run by totalitarian assholes that need full control over the media to maintain their grip (like Trump with tiktok), we also don't need to be naive about the intentions of the criminals now running the show in Russia and the USA.
Social media is currently weaponized to support other corrupt criminals, and if the EU doesn't take control they will find out what regulatory capture means, soon enough.
The EU should, in short order, do the following:
- make sure companies cannot be purchased by anything with a non-EU UBO (maybe with a condition that it pays back all tax advantages it ever got)
- no startup is allowed to exit to a non-EU entity unless it has zero intellectual property.
- all social media in the EU needs to be isolated under a EU legal entity.
- all algorithms for social media recommendations need to be fully transparent to everyone (under the AI Act there is some movement in that direction, but not enough)
And to stay relevant in the AI age:
- all copyright limits on AI training need to be removed, they're only there because of Reed Elsevier and Springer anyway.
- no Cloud (or AI) solution is allowed for use in any company or for government work, unless it runs in the EU under the control of a fully EU-based legal entity.