This is a great statement by Neelie Kroes about Über, innovation, and Europe. Do read it all.

A few snippets:

"Whether it is about cabs, accommodation, music, flights, the news or whatever. The fact is that digital technology is changing many aspects of our lives. We cannot address these challenges by ignoring them, by going on strike, or by trying to ban these innovations out of existence."

"...the rest of us cannot hide in a cave."

"More generally, the job of the law is not to lie to you and tell you that everything will always be comfortable or that tomorrow will be the same as today. It won’t. Not only that, it will be worse for you and your children if we pretend we don’t have to change. If we don’t think together about how to benefit from these changes and these new technologies, we will all suffer."

"If I have learnt anything from the recent European elections it is that we get nowhere in Europe by running away from hard truths. It’s time to face facts: digital innovations like taxi apps are here to stay. We need to work with them not against them."

Keep in mind that she doesn't use the word "producers" to mean entrepreneurs and hard workers like we do. This is clear in how she talks about more support of entrepreneurs but less support of "producers." I think that when she says "producers" she means established/incumbent businesses/workers.

What do you all think? What did she get right? Why? What did she get wrong? Why?