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Cause low regulation always worked well for companies with billions of dollars evaluations lol. Tech bros promised to be cool and play safe. “Just trust us, bro!”

Classic US policies, if all goes well companies get all the money and benefits and if it goes wrong taxpayers are gonna cover all damage and clean up the crap after corps.

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Classic EU policies, overregulate your own tech sector so much, it basically ends up being largely irrelevant (aside from a few massive corp players, but even then they are essentially not that significant compared to overseas competitors) and extremely hostile to new entrants (aka startups). So you create even more regulations, but now to extract racket money from more successful tech companies from overseas. Instead of, you know, attempting to fix the underlying problem you created earlier.

This is such a joke, to the point where the most viable path for a tech startup in EU to succeed is to relocate to the US as soon as possible (which you can easily observe yourself by reading any Ask HN threads authored by newly-minted startup founders located in EU).

Thanks no, I think we are all good here. If anything, this makes me more optimistic about the potential Kamala Harris presidency (which I wasn’t super jazzed up about initially due to her history while serving as a district attorney).

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