Roblox should be outright banned in the EU or at least the top 100 games all qualify for what would be considered lootboxes/gambling and generally predatory behavior. Basically every single action you can do has a "robux" alternative which is faster/better + boosts cost robux. Then there's the worst of them all: trading card games.
Another problem is that nothing carries over between games so as the algorithm shifts you're forced to spend robux all over again.
6% is the cost of sales tax in some places. That is not considered any kind of correction to bad behavior - it's literally the cost of buying goods in a variety of places.
I'd strongly argue that 6% will not correct bad behavior.
What corrects bad behavior? The threat of serious consequences to a business.
And the exponent x is to be chosen by how harsh you want to be. Repeat offenders will quickly run out of money as long as your exponent is reasonably bigger than 1.
If we take an exponent of 2 a repeat offense by OpenAI would look like this:
For billion dollar US megacorporations? Yes, it better be, finally (even though this is a slap on the wrist they will pay). Look at China's rules for internet companies there. Or how friendly the US was with TikTok.
They are slaps on the wrists AND shake downs. The fines aren't to 'correct' bad behavior. Look at the EU delivery apps being found to participate in a cartel. They received a large fine but still allowed to keep what they gained and merged companies.
With great power comes great responsibility. Beyond a certain size of corporation that may just be the only way to retain a scintilla of accountability.
But some people still appear to labour under the illusion that unchecked corporate greed will bring anything other than the end of human life on this planet.
Roblox should be outright banned in the EU or at least the top 100 games all qualify for what would be considered lootboxes/gambling and generally predatory behavior. Basically every single action you can do has a "robux" alternative which is faster/better + boosts cost robux. Then there's the worst of them all: trading card games.
Another problem is that nothing carries over between games so as the algorithm shifts you're forced to spend robux all over again.
https://archive.is/58cyT
> Companies that breach the DSA risk fines of as much as 6% of their annual global sales.
It's nuts that this is all they can manage. Like, take 30% or 40% -- that might actually encourage compliance.
I think they'll comply, but almost entirely not because of small fines.
The point of fines is to correct bad behavior, not to bankrupt businesses which create jobs.
6% is the cost of sales tax in some places. That is not considered any kind of correction to bad behavior - it's literally the cost of buying goods in a variety of places.
I'd strongly argue that 6% will not correct bad behavior.
What corrects bad behavior? The threat of serious consequences to a business.
6% of sales is just “cost of doing business”.
Sometimes it’s more profitable to eat the fine than change your behaviour.
Note that this is of "sales" not of profit. So for OpenAI this would be 1.5$ billion. ( based on recent PR spin sales number)
I am for more maths in laws like these:
And the exponent x is to be chosen by how harsh you want to be. Repeat offenders will quickly run out of money as long as your exponent is reasonably bigger than 1.If we take an exponent of 2 a repeat offense by OpenAI would look like this:
"must also file transparency reports, detail risk mitigation plans and pay an annual fee to the European Commission."
This is just another shake down. Quickly becoming the least business friendly place on Earth.
It's a maximum of 0.05% of the companies world wide income - scaled by their monthly users in the EU.
Strictly speaking OpenAI is a loss making company so wouldn't pay anything (like Amazon, Snap and Pinterest)
https://dig.watch/updates/meta-challenges-supervisory-fee-es...
For billion dollar US megacorporations? Yes, it better be, finally (even though this is a slap on the wrist they will pay). Look at China's rules for internet companies there. Or how friendly the US was with TikTok.
It mostly just seems like the EU is becoming China.
Soon they will have to firewall off most of the internet. After that comes VPNs.
At least the EU is unlikely to agree on voting anyone in as a leader for life.
They are slaps on the wrists AND shake downs. The fines aren't to 'correct' bad behavior. Look at the EU delivery apps being found to participate in a cartel. They received a large fine but still allowed to keep what they gained and merged companies.
With great power comes great responsibility. Beyond a certain size of corporation that may just be the only way to retain a scintilla of accountability.
But some people still appear to labour under the illusion that unchecked corporate greed will bring anything other than the end of human life on this planet.