Read the title, knew it was IBM
All I had to do was read the title and I knew it was IBM.
8166 publicly visible posts • joined 15 Jul 2010
The back and forth of the ramifications of Brexit are quite fascinating, but to get back to the subject of this article, think of it this way:
Currently, many European countries will no longer use U.S. based cloud and large data systems due to the inability of U.S. companies to ensure strict adherence to EU privacy standards. Those that are still used are under constant legal pressure and severe penalties for not doing so and are losing.
This is not speculation, it is everyday news.
GB has decided that's the boat they want to be in.
Cui bono?
But Trump does not want this?
Small, innovative companies are a threat to the established monopolies.
This is NOT an exaggeration. Think of all the articles just here on El Reg about small companies with great products being bought and then literally shut down AND the product being taken off the market.
Now extrapolate that to other industries. This literally happens every day.
The U.S. now has not only one of top three highest income equality societies, but also the LEAST upwardly mobile as well.
So unless you are well connected and have deep pockets, the U.S. is no longer small business friendly and hasn't been for decades.
It works almost everywhere. It's called market inertia, meaning that just enough people really are too lazy to shop somewhere else even when they are getting screwed, making it profitable for companies to keep screwing them.
Eventually, the consequences catch up to the business, but it's often a long time.
Product counterfeiting utterly DWARFS the illegal drug trade and has lesser penalties.
Is it any wonder it's so attractive?
And now a question I have yet to see satisfactorily answered: in this now world wide digital age, how does one effectively stop IP theft?
A serious question as I also have IP I'd like to not have stolen.