this post was submitted on 13 Jun 2024
606 points (96.5% liked)
Technology
59675 readers
3210 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yeah, I don’t see what’s terrifying. Countries can make laws, if YouTube wants to operate in that market it has to follow the laws there.
There seems to be an abundance of the false notion that large corporations are somehow above governments on Lemmy ... and that's simply not true, at least for corporations that want have legitimate business within the country.
EDIT: So as to say ... perhaps the commenter (at least in the moment) was a bit awestruck seeing laws apply to tech (which often seems to feel as though it's above the law in some way).
Myanmar, as a country, has a GDP of 62.26 billion usd.
Google has a market cap of 2.17 Trillion usd and made a profit of $305 billion usd last year.
Google makes more money in profit than moves through Myanmar in a year by nearly 5 times. If Google chooses not to operate in their country because of some law they don't like, what's to stop them?
Google definitely has national government level influence, especially considering the pervasiveness of their product suite. Implying that they're above the law might be too far, but they for sure influence it.
If the most extreme happens and Google decided that some EU law was too much to deal with compared to the gains, a lot of Europeans could find themselves in a position where Google doesn't operate in their country. Imagine every Android device becoming unable to use the majority of the service they operate on, or the most common browser, search engine, email service, and video streaming services simultaneously being disabled. I can't imagine the people will be very happy about that.
It kinda depends where. GDPR in the EU is certainly an example of governments imposing their will on corporations. In the US, not so much, as corporations dump tons of money on lobbying that allow to them influence how they are regulated.