On the other hand, more has happened with data protection, through corresponding regulations in California, but also by the EU. Skeptics had warned in advance that this would limit innovation. Do you see that in everyday life?
I think it’s right that we have strong rules to protect privacy and data. Especially when it comes to data security, companies must be held accountable if it is breached. But not all rules are in the interests of the customer. We have to find a balance there.
Also read: America wants to break the power of big tech — for real this time
What do you mean by that?
Let’s take advertising. Do I want advertising that is no longer personalized? At least not me. We also have to look at smaller companies with niche products. If nobody can be targeted with advertising anymore, they won’t find their audience anymore. It’s too expensive to advertise them widely, so they will limit it or not do it at all. This is bad for the economy. And if these companies don’t survive, so will the competition and thus the customers.