Maybe it’s stupid in your perspective. nevertheless; nations have the right to put laws in place and enterprises willing to provide goods and services ought to follow those rules.
And this is why the EU is stagnant and unable to innovate. These nations can do whatever they want but let's be honest about what's going on here. The law is stupid because it's forcing US tech companies to subsidize research boondoggles. They're providing bullshit jobs to useless academics who are incapable of doing any real work, and the final output will be some long reports that no one ever reads.
> And this is why the EU is stagnant and unable to innovate.
Can you help me understand how the EU is stagnant? Granted, they have lower economic growth than the US, but they're (mostly) not running large fiscal deficits.
And unable to innovate is quite simply, untrue. Deepmind (you know the people that invented LLMs) were a UK based company and were purchased by Google. Spotify & Skype were also both relatively innovative.
If by innovative, you mean are highly valued in the stock market above what a rational person would pay, then yeah Europe doesn't have as much "innovation". Now, if there was a single EU capital market (which honestly should be in London, despite the political complexities) then that might not be true.
Also worth noting that a lot of the US market is propped up by EU/EEA investors. Like, the Norwegian oil fund owns an appreciable amount of the US stock market. What would happen if all the European money was withdrawn from the US market? Nothing good for US "innovation".
And on the core point here, social media is now the public sphere, and as such is definitely worthy of investigation by academics. Like, if FB can do this (with much more personal data) then Twitter/X can do it. In fact, it would be super easy as they used to do it before Elon decided to attempt to monetise it badly.
Like, most studies of social media were performed on Twitter data, precisely because of this.