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USA going mimimimimi because of GDPR and data sovereignty thoughts in Europe ...
Governments around the world are passing measures that require companies to host infrastructure and store certain kinds of data in local jurisdictions. Some also require companies that operate within their borders to provide the government with access to data and code stored in the cloud.
If we allow the principle of digital sovereignty to encroach further, cloud service providers will be bound by national interests, and consumers will bear significant costs. Power will be further concentrated in the hands of a few large players. And fragmentation along national lines will make it harder for anyone to solve global problems that rely on interoperable technology.
In Europe, concern about the dominance of US and Chinese cloud service providers has sparked efforts to create a European cloud. The GAIA-X project, for example, aims to direct European companies toward domestic cloud providers. Moreover, measures like GDPR, with its focus on data governance, give an advantage to European providers that might not otherwise be competitive.