Europe just started building a 'kill switch' for U.S. tech | Hacker News Reader

Europe just started building a 'kill switch' for U.S. tech

morningstar.com

51 pointsmooreds23 comments

> Europe is hitting the kills witch

Everything about this site, right from the get go, screams useless amateur (average person on reddit level of writing).

There doesn't seem to be anything new in this news article either, we've all already read about EU sovereignty pushes (and as a German, I also regard it as essential). So until there's actual credible coverage of some actual "kill switch" I'll hold judgement.

Yeah, it's an investment company(only $3.5b in assets) with the writing having the expected narrow focus of that industry.

https://en.wikipedia.org/wiki/Morningstar,_Inc.

Morningstar is a heavyweight in the investment/finance world.

While I understand and support the sentiment here, I don't see any description about the kill switch that the title mentions. They are simply pushing for alternatives. Furthermore, the alternatives are too narrowly focused, if communications cannot be trusted, you cannot trust closed operating systems either. Windows, Macos, and iOS ought to be on the circuit for this purported kill switch.

> I don't see any description about the kill switch that the title mentions.

I don't think it's actually talking about a literal kill switch. It's talking about Europeans choosing to take their business to European firms instead of Americans, and American firms stock prices are not taking into account the lost business.

As a US software engineer that is worn out from the last 10 years of politics here, I'm just waiting for the EU countries to start dropping Tech Worker Visas and fast-tracks to permanent residency...

Europe is diversifying its tech dependence on the US and ensuring strategic resilience inside its own legal and commercial domain.

Here is an example of good alternatives to some popular digital services https://european-alternatives.eu/

> The nomination of Kevin Warsh to lead the Fed has taken the sails out of the idea that the U.S. dollar would sink.

Why?

Presumably he is regarded as more sensible than some other candidates that might have appealed to the President.

Well, not only this, the private movement of avoiding American stuff is also getting stronger in the EU. Somehow it's like game in the store, YESSsss, +1:EU -1:US. It's feels so satisfying to find and buy alternatives to US products where it's possible, from tech over clothes to food. Somehow Trump is doing the EU a favor by pushing us to become independent again. It will take time, but we'll get there.

> It's feels so satisfying to find and buy alternatives to US products where it's possible, from tech over clothes to food.

Like how many US products are there really? Pretty much everything's made in China, except some software. Even the stuff with a "US" brand.

I can't help but feel that this sort of reinforces the suspicions a lot of Americans - on both sides of the aisle, mind - have felt towards Europe since, idk, maybe the Chicken Tax era, one of an alliance of convenience.

We've seen what the continent will put up with.

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What the hell is with the text? Every. Line. Is. Its. Own. Paragraph.

This feels like an LLM generated listicle designed to be digested and summarized by an LLM on the other end.

for LLMs by LLMs what a tagline

Based on Trumps choice of fed reserve chair, ive moved everything away from USD.

KILL switches are the only thing the oligarchy will care for.

you can't invest in US equities without lots of exposure to the USD.

not investing in US equities would be... a strange investment strategy

exchange rates, interest rates: the best way to think of them is making all the other numbers balance. GDP, productivity, these sorts of things measure value creation. after all that is said and done, exchange and interest rates simply make sure the system balances out and bulgaria doesn't buy all the cars in the world by printing money. you're subject to them, but mostly you should ignore them.

Oh yes, growth for growth sake, that's all that matters.

Take a look at Turkey, because that's basically the same type of delusion that the new fed will bring.

You realize your logic is based on the USD being the reserve currency. It falls apart if countries are willing to disentangle themselves.

Certainly it's difficult but most of the Stock markets growth in the past decade is based on things that _dont exist_, eg software services.

dude, you inhabit financial nutball territory which is where most discussions of "reserve currency" take place, "not even wrong" territory.

I was somewhat dissapointed at the perspective :-) seeing the article was from morningstar.com, I was expecting a radical left wing critique of EU and US tech policy.

[The "Morning Star" is a left wing UK paper, whose editorial stance is in line with the Communist Party of Great Britain (morningstaronline.co.uk)]

Interesting article though.

I don't know if your wrong or right about "The Morning Star" but Morningstar.com is a financial firm specialized in research and recommendations. They have a lot's of influence relative to their relatively small holdings.

It's a joke. The Morning Star is well known in the UK as being the mouthpiece of the UK Communist Party. It was originally founded in 1930 as the Daily Worker, before becoming the Morning Starin 1966. So the idea of the Morning Star offering a critique of the tech policy of the decadent capitalist running dogs is intrinsically funny from a UK perspective.

But given the downvotes maybe there has just been a massive sense of humour across the pond...

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