Comment by leonidasrup
8 hours ago
Thr answer to US tech giants are not homegrown EU tech giants, but international free software (Free as in Freedom). We already have free operating systems: Linux, BSD. Office software: LibreOffice, etc.
EU regulators have stop listening to tech company lobbyists.
We need competing (and competent) lobbyists. Unfortunately one side has all the money, so there is a clear disadvantage
Is any of that capable of replacing google and apple on mobile?
Clearly it isn’t. This is what techies forget: The mass amount of Europeans don’t give 2 shits about digital sovereignty or open source. Christ, people go to mobile operator shops and give their unlocked phones to consultants to install or remove software for them. You want them to install GrapheneOS or manage a rooted device? That ain’t even funny.
The only short-term solution is more regulation and more EU-centralized solutions, but of course this is only ok until the next chat-control drama.
Long term, in practice we need single European stock market and a way to provide funding to European companies from any member state, so to be competitive globally without being constantly restricted by every member state’s bureaucracy.
> we need single European stock market
New York alone has 2 stock exchanges. I don’t think that companies being listed in London, Paris and Frankfurt (they generally are listed on several anyway) is the actual issue.
Especially these days the stock market is the very final stage anyway, most funding for growing tech companies is private funds, vc etc.
> Clearly it isn’t. This is what techies forget: The mass amount of Europeans don’t give 2 shits about digital sovereignty or open source.
When Trump was invading Denmark, a huge % of Danes would've given a shit about sovereignty from the US. And that's the moment to pounce.