The European Union is spreading its wings. In the shadow of Brexit, it has been clearly decided that it is the real enemy of the people in its landmarks: social media companies and Google.
France is even more aggressive than the European Union, suggesting that the region’s “right to be forgotten” law should apply worldwide. Given that it actually falls within the legitimate ambit of the government, it is hard not to agree.
In the United States, the administration appears to be gearing up to go to war with these companies (especially Google).
China has seen Google as a threat to its government almost from the beginning.
Individually, firms may survive an attack – as long as the U.S. Had his back – but appears to be one of the American attackers. Which suggests that unless something changes, these firms are likely to go the Gawker way (though ironically, Gawker is on its way back). Oh, and the CEO of Alphabet (the alphabet is Google’s parents) is apparently hidden, which can’t be really good.
I’ll share some thoughts on why these movements can mean the death of search and social media as we know them, and I’ll close with my product of the week: a new HP printer that can print metal parts is. You heard me, metal parts!
The fall of google
I’m going to focus mostly on Google because it is most likely to break down, and its CEO has apparently gone into hiding. This is not his first issue with a CEO, as Eric Schmidt was known to be a link to romantic contact, and it was rumored that the primary reason was that he was asked to step down.
Given the coverage in the book Brotopia, his conduct was hardly unusual, but given the new spotlight on #MeToo, such behavior can be seen as problematic.
Google feared the potential for problems when it adopted its “don’t be wicked” motto. However, it seemed to be ignored, and with the creation of the alphabet it was removed from the code of conduct. Perhaps, based on the behavior of its leaders, it was considered unacceptable. Boy, talks about the red flag …
Google’s problems likely began when it went to the European Commission, along with Sun and Oracle, and persuaded it to impose massive fines against Microsoft and force the company to open its operating system to competing browsers. did.
The Election Commission did not care about Tech until then, but is largely fined by the commission. Since then, the Sun has failed, and Oracle’s Sun’s purchase was so effectively interrupted by the EC that almost nothing was left when it finally gained control.
Google currently faces a fine that is several times higher than Microsoft’s penalty. In addition, Google also faces a proposal that it imposes a penalty of 5 percent of its total worldwide revenue for every terrorist message that it fails to remove within 60 minutes.
Facebook and Twitter are likely not too impressed with Google, noting that they face the same potential fines. This means that it would take Google just 20 late deletions to lose one year of revenue – this is revenue, not profit – and 100 years would result in five years of lost revenue.
To put this in perspective, Google rounds up US $ 50 billion per year, so 100 missed messages would cost the firm a quarter of a trillion dollars. For perspective, it would represent about 1.5 percent of the EU’s total GDP and would exceed the EU’s total defense spending by $ 50 billion.
This is effectively free money, making it likely that many people in the European Union may try to enforce this penalty rather than let nature take its course.
It now appears that Google is formed to help protect Google from fines that may consume it, but governments are responsible for it. I suspect that it would be difficult for the Election Commission for Alphabet’s property through Google. Also, keep in mind that this is just Google. If we add in Facebook and Twitter, the combined risk can easily exceed the total value of all three firms.
Imagine what would happen to America’s tech market.
Typically, an American company may look to the American for defense against the European Union, but the current administration is not happy with Google.
Google’s widespread support for the Obama administration (believed to be largely related to the effort to avoid antitrust challenges), which some see as a smoking gun about Google’s bias against the current administration, is a major problem. Represents.
It seems that instead of defending Google and social media companies, the U.S. There is a possibility of imposing their own fines or file charges against the firm (s) in an attempt to see who can get all the money first. Republicans would prefer a risk-free revenue source, and one that was closely associated with Democraitis’s allies, a possibility that would be particularly sweet.