Top Tweets for #BrusselsDefect
#BrusselsDefect
@AnuBradford points out that many of the barriers to innovation in Europe are not due to #DigitalPolicy decisions at the @EU_Commission in Brussels. National regulations on employment law, venture capital, tax policy, and bankruptcy are what are causing EU innovators to create or join startups in the U.S.
The EU has focused on digital regulation in an effort to build its digital economy.
A new report from the European Court of Auditors shows how badly that strategy has failed.
The EU's AI investment seriously lags the United States and China. More regulation is not the answer.

Add together the #MachiavelliEffect, the #BrusselsDefect, #RentSeeking, and #Techlash and you see why it's getting increasingly difficult to innovate (especially in Europe). #Innovation #Regulation
We need innovation driven by users and innovators. https://t.co/cIabYsHZxx @Doctorow @AdamThierer
@MikeNelson @doctorow @DavidBrin @peterschwartz2 @algore @PeterDiamandis @KevinBankston @SlaughterAM @CEIPTechProgram @CarnegieIndia @Carnegie_Europe @RonWyden @stripepress America's lost technological opportunities in energy, transportation & other important sectors over past 50 years can mostly be attributed to "the Machiavelli Effect," as described here by J. Storrs Hall (and Isaac Asimov before him):

#BrusselsDefect
Europe should stick to exporting wine, commercial aircraft, chocolate, cheese, luxury goods, etc. -- NOT "model" #TechRegulations and the #PrecautionaryPrinciple!
The idea that anyone in California should listen to Europeans on "how to do tech regulation" is...the exact opposite of how it should be.
California is the birthplace of Apple, Google, Meta, and Nvidia.
There's a reason why Europe hasn't birthed significant tech companies.

And VERY glad to see the @CCIAnet documenting the total failure of Korea's interconnection rules. In this the Eurocrats are learning the wrong lessons from Korea. https://t.co/F8Ptv5lrGL #FairShare #BrettonTax @ThierryBreton #BrusselsDefect
Glad to see this useful new update on new developments in #DigitalPolicy in South Korea. It seems the Koreans are learning the wrong lessons from Brussels. #DMA #SocialMedia
#BrusselsDefect @AnuBradford https://t.co/5v22vN4l6u
@DemereNebyou @ThierryBreton There are, and they opposed some key provisions of the drafts. @MistralAI
But the real goal is to regulate foreign firms.
The #BrusselsDefect is extraterritoriality.
@RobAtkinsonITIF #BrusselsDefect
Between the #AIact and his proposal for a #BretonTax to subsidize @Orange and other big telcos (misleadingly called #FairShare), Breton's legacy will be creating law that makes the @EU_Commission #CookieLaw and #DatabaseDirective look useful & effective. #BuggyLaw
@ThierryBreton @ThierryBreton, did you ask DALL-E to draw this, too? I guess it does not know (or care) that there are SEVEN continents.
Hubris = #BrusselsDefect
Brussels as #HubOfTheUniverse?
@OpenAI #ArtificialIntelligence
@EvaMaydell @_JohannaWeaver @RCsernatoni @MPSellitto @matthan @amlanjo @AnthropicAI @Carnegie_Europe 🔴Live: Melinda Claybaugh at #GlobalTechSummit 2023: "What we've seen since the #GDPR has come into practice is that it looks good on paper; in practice, it has been interpreted in inconsistent and increasingly narrow ways."
Why the #BretonBitTax is a BAD idea.
Once again, the #BrusselsDefect will compel the Eurocrats to propose legislation that makes @EU_Commission members less competitive in the #DigitalEconomy. Results? They will blame U.S. companies and fine them. #RentSeeking @ThierryBreton
Regulation + illegal subsidies is NOT a business model!
#NetworkFees are unjustified and would harm Europeans 📰 Position Paper on the @EU_Commission's Exploratory Consultation
1️⃣ Network usage fees address a non-existent problem
2️⃣ #FairShare premise of #telcos is flawed
3️⃣ Fees would harm Europeans
👉 https://t.co/S8OFVOi6ua

Thanks for alerting us to this, Rudolf. Loved your first question (which was basically, "Why is @ThierryBreton making fundamentally incorrect assumptions about the economics of network services markets?") #InternetTrafficTax #FareShare #BigTelcosVsAllOfUs #BrusselsDefect
Now at the Dutch Perm Rep where the #internettraffictax aka #networkfee is being discussed. If you want you can get your #fairshare on YouTube at https://t.co/idnfkQQ3o0. #netneutrality

Invention, innovation, Financing, Marketing, and Regulation are all key to competitiveness. The U.S. is putting WAY too much focus on finance, PR, and sales. Europeans seem proud to ignore the first 4 components. "#RegulatorySuperpower"? #BrusselsDefect?
@TheGFCC @CompeteNow
Derek Thompson:’Why the Age of American Progress Ended’: https://t.co/FYYCRt1x1e Invention alone can’t change the world; what matters is what happens next.
Worth retweeting again: https://t.co/mZYIPulab6
When it comes to the global Internet, the famous "#BrusselsEffect" could turn out to be the "#BrusselsDefect". Contradictory, vague, conflicting rules that hinder innovation and competition. @Komaitis
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