FT Tech Tonic Tech in 2025: The EU vs Big Tech
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Feb 4, 2025 Aura Salla, former Meta lobbyist and current MEP, provides an insider’s view on EU tech regulation. She discusses the balance between curbing big tech's power and fostering innovation in Europe. Salla critiques the implications of the Digital Markets Act and the Digital Services Act, emphasizing their potential to stifle local tech growth. The conversation also touches on the challenges of regulating platforms like X under Elon Musk, and the complexities surrounding the EU's AI regulatory landscape, highlighting the ongoing struggle for accountability and competition in the tech industry.
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Regulating the Unfamiliar
- Aura Salla, former Meta lobbyist, became skeptical of EU tech regulation while in Finnish Parliament.
- She observed regulators discussing platforms they'd never used.
Joining Meta
- Aura Salla joined Meta to understand big tech from the inside, despite initial reservations.
- She was persuaded by Nick Clegg's argument about impacting responsible tech policy.
Meta's Shift in Policy
- Meta's shift away from fact-checking and content moderation is driven by financial motives.
- Prioritizing metaverse and AI development requires more data and resources, obtained through less stringent policies.