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We also need to get rid of dependency on USA tech companies. Right now the POTUS can shut down the European economy with an EO ordering cloud providers to stop servicing European banks.
Not easy, it will require extreme protectionist measures to allow European alternatives to thrive. It will be expensive and will probably induce a recession. But the alternative is way worse.
Perhaps expensive briefly but the overall savings would be colossal.
Don’t even need ‘savings’. Depending on US controlled companies is an existential risk.
For sure.
That would be a straight up declaration of war though and if that happens broken e-commerce would be the least of our worries.
The real reason to develop alternatives is to simply keep money and power away from US as that's the only thing US really cares about.
That nobody fights because at least the German military is going to rely on Google servers.
It goes far beyond e-commerce.
Most European banks have moved part of their core to the cloud. DORA requires banks to have at least two cloud providers for their core services. Most of those providers are controlled by the Americans.
Yeah, of course it would be a declaration of war. The question is what we would do in that situation.
DORA should be amended so at least one of the cloud service providers should be European, or, alternatively, on prem. Tje European countries should provide themselves of legal and technical tools to seize the US-controlled vital infrastructure if necessary.
But what I read coming from Brussels is jus the usual shit.