Comment by moogly
4 days ago
I call bullshit on the "very quickly" part there. It'll take a decade to phase out. And some don't seem interested at all (my employer for instance).
4 days ago
I call bullshit on the "very quickly" part there. It'll take a decade to phase out. And some don't seem interested at all (my employer for instance).
> take a decade
More like several decades and 100s of billions of euros which nobody is going to pay. It will simply never happen and right now all the politicians are just quietly waiting for this whole thing to blow over.
> More like several decades and 100s of billions of euros which nobody is going to pay
And now you know where that $4.7B fine will be spent. Why spend your own money when you can spend someone else’s?
It isn't Google's money if they wrongfully profited it, and are fined. It belongs to the victims. The government of the victims will invest it in making the victims less dependent on the perpetrator? Well played.
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> Why spend your own money when you can spend someone else’s?
Funny you would say that in defence of giant mega-corporations, externalising huge chunks of the cost they generate to the rest of the world. OpenAI decided to run the largest social experiment humanity ever undertook without asking any of us. Microsoft is powering up old nuclear power plants to cover for their AI data center consumption. Apple is manufacturing in foreign countries under awful conditions so every American child can own an iPhone. Big Tech made San Francisco unaffordable even for well-compensated software engineers. Facebook actively made children addicted to push more apps.
We all, as a society, have to suffer through the effects of reckless greed from American companies (and we didn't even talk about Big Oil or Big Pharma yet!) Just because nobody bothers to put a price tag on it doesn't mean there isn't one.
The EU doesn't fine companies as a way to generate revenue, but because they break local laws and cause damages to someone.
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I definitely started out typing out the plural, but thought I should temper my words a bit for some reason.
They will likely take a decade, but only because this isn't top priority. They could be out in a month if it was important to them. The alternatives exist, there is just a lot of pain in switching that they can avoid by doing this over a decade.
Some are more exposed than others.
I don't doubt there are some, but GP made it sound like every European company and institution is working feverishly on it, which just cannot be true.
A lot more people are working on it than I expected there to be.
It's the one time where the European Union's inability to advertise what they're doing is paying off in their favor. Then again, good, the operation of government isn't meant to be done through a tweet. We should resist the corruption of government to idiotic soundbites on platforms owned by American billionaires.