Jeremy H. Gottschalk’s Post

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Founder & CEO, Marketplace Risk | Mission-driven thought leader | Marketplace + digital platform trust & safety, risk mgmt + legal strategy | 20 years advising + counseling founders, leaders, investors + boards.

I get it. Nobody loves “big tech.” But everybody loves big tech when they are creating value, improving lives and developing innovative solutions to the world’s problems. But when big tech gets too big and, I’ll admit, steps in their own way, there’s a rush to stop them. As a policy, this is bad and wrong. The world doesn’t need to slow down big tech. Rather, we need regulations that apply to each, equally. The ideas that ‘we can’t compete, so you have to slow down’ is bad for innovation and advancement on so many fronts.

EU names six Big Tech giants set to face new tough rules

EU names six Big Tech giants set to face new tough rules

https://www.courthousenews.com

Martijn Arets

Professional outsider | International platform expert | Author 'Platformrevolutie' (Dutch) | Founder GigCV | Bridge builder

9mo

Dear Jeremy H. Gottschalk. These new regulations are not about slowing down or stopping (big) tech. They are about creating a level playing field between platforms and between platform and user. And about making automated decision-making processes more transparent and explainable. Not to stop platforms to grow, but to safeguard public values and democratic legitimacy in the platform economy. Was it necessary? Absolutely. Because alongside all the good things platforms bring, there is definitely a downside. Is it proportionate? That's what we are about to witness. Is it perfect? Certainly not. But someone has to take a first step. To learn from there what works and what doesn't. Maintaining the frame that regulation is only made to slow down the big platforms does not contribute to maturing the platform economy. Within that context, potentially interesting to read: a report I wrote of a meeting I organised in the Netherlands bringing together all stakeholders in the debate to discuss the impact and feasibility of new platform regulations:  https://gigpedia.org/resources/blogs/wageindicator-towards-a-workable-regulatory-environment-for-europes-platform-economy

I'm looking forward to this, making it the big competition to play after the same fair play rules is important to get changes for a better society. After all, every company wants to be good but not all can if there's no regulation. Now, it's time to prove that each of them still follows their initial commitment: tech for the good. PS: Really good PoV, thanks for sharing!

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