This image speaks volumes
>>107877445Only real tech companies exist in Asia. Everything else, both in Europe and in America is marketing and scamming. companies will generally prefer US to EU cause they are allowed to get away with everything
>>107877445Yes, it means that American companies make more profits in the EU than EU companies do (if they didn't, then they wouldn't be able or even willing to make the fines.)It also means that EU policies and resteictions make it more profitable for American companies to operate in the EU than for EU companies to operate in the EU.Of course this goes against the narrative of "oy vey the EU is exploiting our poor american corporaterinos" because it implies that America profits from the EU more than Europeans do.
>>107877445Nobody forces any of those companies to operate in Europe, if they don't like it they can go away.>b-but then you won't be able to use--I don't care.Also pretty hilarious chart, Uber wasn't even fined because it was a tech company, it was fined because they didn't pay taxes for their delivery boys.
>>107877445maybe stop breaking the law
I like how this also neatly divides the tech companies into ones that do something useful and one that do ???????. Actually I guess Apple makes hardware.
>>107877445Kek EU has made US it's bitch.
>>107877445Why don't US tech companies make software that doesn't assrape their users so they don't get fined?
Why can't the US rein in their tech monopolies and make them behave humanely?
>>107877445Big tech is the fucking worst.I say take everything from them.
>>107877733Humanely? That sounds bad for capitalism.
>>107877445don't care, still have a better quality of life than (You)>takes 8 week paid holiday
>>107877733Why do you think the big tech companies are all in the US? Because they only get so big by user-hostile and anti-competitive behaviour that doesn't fly in the EU. Now, since they are already big they can easily break the laws of other countries and just pay fines. But a native company couldn't keep breaking the law, pay the fines, and get as big.
have they tried following laws
>>107877848
>>107877445>Zalando>Tech company What?
>>107877445half of those are absolute useless cancer, stuff like amazon is at least useful but it's going to be hard for a local entity to compete with them considering they're a global entity with infinite money.The EU is made of many small states, they simply don't have the synergy of the USA.California would definitely be a harder time if it wasn't part of the US
>>107877526>stop breaking the EU law on your american server hosted in america with american moneymental illness.
>>107877445now show a graph show how much of tax do these companies bring into the US oh right, it's zero, because they are all exempt lmao
>>107877445could it be american companies insists on breaking lcoal laws even after paying fines?
>>107877938>please big company, steal my data, sell it to palantir and make them send the cops to preemptively magdump me because the prediction model classified me as a potential threat and I moved my pinkie while laying down on the floor with my hands behind me (probable cause for self defense)
>>107877938they already have servers in eu because eu laws force them to keep eu citizen data in eu servers
hello
>>107877883if uber is a tech company why wouldn't zalando qualify
>>107877445If US big tech stopped violating the laws, this wouldn't be the case.
>>107877445Another EU W
>>107877445Yeah. It speaks to how Yanks don't know how to follow rules.That or think they're above them.
>>107877445Based
>>107877445The US stole Alstom with laws only existing to fuck over foreign companies.Suck it up bitch.
I agree it's stupid EU internet companies are so small. We should block all US internet services like the Chinese do so EU domestic ones can have the market.
>>107877938At any moment they can just stop serving Europeans and they won't have to pay any fees. They can also just not pay fees and be banned in EU.Do you know why they don't do it? Because they make tons of money by tricking users with anti consumer practices and by selling your data to advertisers. Way more so than the petty fines. That's why they pay them. And your naive ass thinks they do nothing wrong.
EU allows US companies to assrape their consumers, they just want their cut while pretending they're doing something to address the issue.
>>107878232US companies are fined in the very same way as local ones.
>>107878160kek this. Americans pretend their victims when they're probably the biggest culprits of protectionism. Always funny when it backfires like how their auto industry can't compete overseas anymore from being insulated for so long.
>>1078774453.8 billion? Collectively? That's just chump change for tech companies. A mere drop in the bucket
>>107878015Uber is nothing but an app, it's a worker management tool it owns no cars no nothing but software. Zalando is e-commerce. I dunno in my opinion there is no difference in order by mail and e-commerce
>>107877445Yes; the image tells me that despite charging so little to customers, they can still afford to pay taxes and that the american ISP system is completely fucked.
>>107877777blessed reply
>>107877979despite you sounding insane, I agree and it sorta feels like we're an an inflection point for this stuff starting to happen. I know LLMs are quite shit, but that's only the stuff available to the public. Openai models / capabilities have become quite good... I guess we aren't even close to being able to level the already-monopolized playing field that is violence and power. That was won by the state long ago, and the information hooks are just getting better.
>>107878282Siemens and asml each netted over 10b.Their revenue is actually much higher but they have to contribute to the societies they benefit from instead of being leeches
>>107878453we do not have the fundamental building blocks for AI.what we have is a solution that is algorithmically brute-forcing something that looks like it, and takes massive amounts of resources to do what we do in passing.until we figure out how memories and thoughts in our brains is formatted and structured and processed, all we'll get are this simulacrums.
>>107877445It speaks volumes about how much US companies rape EU's laws.