Innovation isn't worth it for innovation's sake, though. Europe could easily profit watching others innovate and taking what makes sense for europe. I don't see anything about GDPR that would harm innovation or long-term success for europe.

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jedberg 4 hours ago | parent [-]

> I don't see anything about GDPR that would harm innovation or long-term success for europe.

It's the same thing as any other regulation -- regulatory burden. Laws aren't code, they need interpretation. That means you need your own lawyer to tell you an interpretation that they feel they can defend in front of a judge.

There is a cost to that. In both time and money. I am the CEO of a startup who is subject to GDPR. The amount of time and money we've spent just making sure we are in compliance is quite high, and we barely operate in Europe and don't collect PII.

You can wing it and say "this looks easy, I can do this on my own!" and maybe you can. For a while. But no serious business is going to try to DIY any regulations.

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troupo 2 hours ago | parent [-]

> The amount of time and money we've spent just making sure we are in compliance is quite high, and we barely operate in Europe and don't collect PII.

So either you're lying or your lawyers are lying to you.

In 9 years you could've finally read and understood the rather small law yourself.

	▲	jedberg 2 hours ago \| parent [-]
		I have read and believe I understand it. That does not matter. What matters is can your decisions be defended in front of a judge. I am not qualified to figure that out, and unless you're a lawyer, neither are you.