Comment by joe_mamba
18 hours ago
This. When I look at why my life sucks and is on hard difficulty mode, it's not because I use US tech instead of EU tech. Most people and companies have bigger economic challenges right now trying to keep the lights on, than data sovereignty and domestic alternatives. My company just had a 3rd round of layoffs and its wasn't due to lack of EU SW.
The lack of data sovereignty does have large geopolitical consequences though. Without data sovereignty of EU government services and businesses, the US can blackmail EU continuously or even worse, in the case of e.g. a conflict over Greenland, cause chaos by turning off access to US tech. So for the EU, tech sovereignty is a matter of life and death.
Also, a lot of crap in Western countries is caused by tech broligarchs enriching themselves in favor of workers en destroying democracy for tech feudalism. So if we can bring down their sales Tesla-style, I'm all in for it.
>Also, a lot of crap in Western countries is caused by tech broligarchs enriching themselves in favor of workers en destroying democracy for tech feudalism.
Not true. The reason my Col is off the charts, salary low and housing unaffordable is due to EU central bank printing too much money leaving us holding the bags, government's zoning laws making housing expensive and them importing millions of immigrants despite record unemployment numbers to put downward pressure on wages and upward pressure on housing. None of this is done by US tech bros, it's all done by EU rulers and elites.
US tech bros is an orthogonal issue that distracts from the core issues.
The quantity theory of money is trivially shown to be nonsense just by considering what happens to savings (i.e. nothing). You need to up your analysis if you want to truly understand.
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