posted in Technology
US tech giants warn Europe that ditching US tech giants could cost €115B
www.theregister.com/paas-and-iaas/2026/10/14/us-tech-giants-warn-europe-that-ditching-us-tech-giants-could-cost-115b/5303031posted in Technology
US tech giants warn Europe that ditching US tech giants could cost €115B
www.theregister.com/paas-and-iaas/2026/10/14/us-tech-giants-warn-europe-that-ditching-us-tech-giants-could-cost-115b/5303031Replying to @JensSpahnpasta@feddit.org
“Luxembourg would apparently take the biggest hit, with the study putting the cost at €1,711 per worker over ten years. Denmark (€905), Austria (€900), and Finland (€864) also face hefty bills, as does Ireland (€856)”
So… the countries where hyperscalers avoid tax will no longer have hyperscalers avoiding tax in it. And somehow that’s framed as a bad thing?
Replying to @YetAnotherNerd@sopuli.xyz
forcing businesses to move away from existing cloud infrastructure could trigger expensive software redevelopment projects, with code rewriting and re-architecting accounting for 69 percent of its estimated costs.
~70% of it just to move to another hosting provider? hmmmm
Replying to @myrmidex@belgae.social
Yeah, going from AWS to Hetzner will require doubling your SRE/platform/infra/whatever-you-call-them staff, clearly.
Replying to @waxrhetorical@feddit.dk
We’re on AWS at work. I use Hetzner personally.
The main issue with switching is the services. On AWS we use KMS, SQS, DynamoDB. On hertzner we’d have to run an instance with software for that ourselves and then rewrite systems and do migrations etc. That’s the expense.
Also KMS has no alternate because it’s not just software. It’s a HSM. So where do we store the master keys on Hetzner?
Don’t get me wrong, I’d love to do it, not up to me unfortunately.
Replying to @myrmidex@belgae.social
From my software development standpoint that could actually be. AWS and azure have a hefty user lock in that could cost a lot to migrate out of
Replying to @YetAnotherNerd@sopuli.xyz
Those are the costs but aren’t there also earnings? The study seems to ignore the fact that money not spend in the US will be spend in the EU.
Replying to @YetAnotherNerd@sopuli.xyz
That is over 10 years. 90€ per worker per year is really nothing.
Replying to @YetAnotherNerd@sopuli.xyz
Translation: Luxembourg workers, who are some of the highest paid people in the entire world, would have to pay 171 euros per year to build out a European tech force that would benefit themselves.
That sounds… awesome?
Replying to @dogslayeggs@lemmy.world
Yeah, it’s a pretty small amount for digital sovereignty