In a new report sponsored by #bigtech they advance the argument that #digitalsovereignty will cost Europe €115 billion over ten years.
Leaving aside i) their obvious incentive to overinflate / scare and ii) this "cost" is also an investment / bootstrap of a new digital economy, it is funny to put in perspective of what bigtech is spending:
#Meta burned > €80 billion in one harebrained #VR project, in less than four years 🤣
https://ecipe.org/publications/economic-impact-of-cada/
h/t #theregister
US tech giants warn Europe that ditching US tech giants could cost €115B
Amazon, Google, Meta among members of lobby group funding dire warnings over cloud sovereignty plansCarly Page (theregister)
Hypolite Petovan
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