This week, Will is just back from Brussels after addressing the European parliament on media and technology and, well, he’s doesn't see too impressed with his first visit since Brexit. And given we’ve discussed super stocks last week, this week we want to explore if any of those super stocks are going to come from the European Union, and equally, dig into whether the stereotypes about the Old World still ring true.
For more on Bubble Trouble, including transcripts of the show, visit us online at http://bubbletroublepodcast.com
You can learn more about Richard at https://www.linkedin.com/in/richard-kramer-16306b2/
More on Will Page at: https://pivotaleconomics.com
(Times below correspond to the episode without considering any inserted advertisements.)
In this episode of Bubble Trouble, hosts Richard Kramer and Will Page delve into the current state of the European tech industry. Will, fresh from a visit to Brussels, shares his experiences and perspectives on the bureaucracy, inefficiencies, and regulatory struggles prevalent in the European Union and its tech scene. Addressing the European Parliament on media and technology, Will discusses the vast gap in entrepreneurship and tech innovation between the U.S and Europe, with the latter lagging significantly. He criticizes Europe's over-protectionism towards their tech industry, arguing that this approach does more harm than good. Furthermore, they discuss the digital markets act passed in Europe, labor markets, grandstanding politics, and tech nationalism. This episode concludes with the hosts scrutinizing the desperate need for productive economic reforms and forward-thinking policies in Europe's institutional systems and tech sector.
00:00 Introduction and Overview
00:48 Part One
02:39 Comparison of American and European Entrepreneurship
10:39 Insights on Tech Companies' Lifespan and Exit Strategies
18:22 Part Two
18:47 Addressing the European Parliament and Tech Concerns
21:14 The Digital Markets Act and its Implications
22:48 The Problem with Big Tech
23:52 The Impact of Regulations on Startups
24:41 The First Mover Advantage and Regulatory Catch Up
24:49 The Debate on In-App Purchases
25:18 The Frustration with Dysfunctional Systems
26:06 The Paralysis of Legislators
26:43 The Role of Regulation in Business
27:38 The Dilemma of Intellectual Property and AI
28:16 The Risk of Monopolizing AI Wealth
28:37 The Misguided Efforts in AI Legislation
33:30 The Issue with Job Security in Public Sector
38:33 The Problem with Regulatory Nationalism
40:04 The Struggles of Brussels
40:45 Closing Remarks and Future Plans
41:29 Credits
Hosted on Acast. See acast.com/privacy for more information.
Buy. Borrow. Die.
Muscles in Brussels
Analyst Notes, The Black Art of Price Targeting, and Twitter with guest Aman Verjee
Passing the Tech Ethics "Hot Potato" with Stephanie Hare
NFTs - They're Not For Me
When Two Plus Two Equals Two
The World Is Addicted to Easy Money with Chris Leonard
Finding Out What's Really Going On with guest Martin Peers
Where Does Money Come From? with Michael McMahon
History Doesn't Repeat Itself, but It Often Rhymes: with guest Kurt Andersen
Poor Standards
Culture Eats Strategy For Breakfast
SPACs Are This Year's Vanilla: Our Conversastion with the FT's Brooke Masters Part Two
The World is Full of Pyramids: Our Conversation with the FT's Brooke Masters Part One
Paying Attention
The Theranos Bubble
Smoking Out Signals in 2022
Is This The Next Housing Bubble? Daryl Fairweather on Hyper-competition in Housing
FOFO: Fear of Finding Out--Hyper-competition in China with George Magnus
Will's Favorite Episode of 2021: Andrew Savikas on Hyper-competition in the Book Industry
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
NABOR® TALKS
U.S Property Podcast
Aligned Money Show
The Ramsey Show
Planet Money