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Comment by majormajor

6 days ago

Letting another country be the wild west and then cherry-picking the good stuff while regulating the nasty stuff doesn't seem like a terrible place to be for the, what, 99% of people who aren't Silicon-Vally-bigtech-execs-and-engineers getting all those profits?

Even in the US most software jobs are lower-scale and lower-ROI than a company that can serve hundreds of millions of users from one central organization.

But for the engineers/investors in other countries... I think the EU, etc, would do well to put more barriers up for those companies to force the creation of local alternatives in those super-high-ROI areas - would drive a lot of high-profit job- and investment-growth which would lead to more of that SV-style risk-taking ecosystem. Just because one company is able, through technology, to now serve everyone in the world doesn't mean that it's economically ideal for most of the world.