GAIA X

GAIA X

Jun 6, 2021 | ECONOMY, ENVIRONMENT, INTERNET, ITALY, WORLD

Gaia derives from Greek mythology and represents the mother goddess of all gods, personification of the earth, but in this case she becomes the engine of digital innovation in Europe.

In September 2020, 22 companies and organizations (11 from Germany and 11 from France) have taken an important milestone and finally transferred the joint project into solid structures: The 22 founding members signed the notarial founding documents in order to establish an international non-profit association (French: association internationale sans but lucratif, in short: AISBL) under Belgian law, the GAIA-X,  European Association for Data and Cloud, AISBL.

From reading these words the first thing that emerges, for me, is the absence …

But in November our Ministry also attended the summit and on May 28 Confindustria kicked off the Italian hub by defining it as the moment of starting a shared path, aimed at aggregating and coordinating all the subjects interested in the development of projects that aim to enhance data, and an opportunity to get to know the European project and the methods of implementation in Italy.

What exactly are we talking about?
Gaia X is a federated data infrastructure for Europe.

Talking about:

Energy
Health
Smart living
Industry 4.0
Portability
Interoperability
Interconnectivity
Identity & Trust
Federated catalogue
Sovereing data exchange
Compliance

The main objectives are to develop ecosystems, to bundle national initiatives, and to provide a central point of contact to interested parties on their respective countries.

In fact, it is evident that the amount of data on a digital level is increasing day by day, and it is no coincidence that a whole series of new figures are emerging, among which the demiurge of big data particularly fascinates me.

Not to mention the parallel growth of IoT: Internet of things which involves a further exponential increase in connected devices.

But how important can a European Data Cloud be? How is the data handled now?

It is clear that this is an ongoing situation, and as it happens in a fiscal way for the giants of the web, armed with fragmentary, incomplete, if not non-existent regulations, the companies that manage the server farms act in an almost undisturbed pseudo-monopoly regime.

The need that is underlined is to achieve an autonomy that allows one to no longer have to make use of American or Chinese structures.

For example, I found huge data centers that China has built in a semi-desert area of Mongolia, previously dedicated to the breeding of the famous horses: The Mongolian National Data Center, established by a government resolution issued on June 24, 2009.

Or the Data Foundry in Texas founded in 1994 as one of the top 50 ISPs in the United States.

The aspect that in my opinion is not sufficiently taken into account is that “not everything that glitters is green” …

Servers need to be cooled, and this operation, although it is presented as a continuous search for innovation, consumes large amounts of energy.

Google presents its renewable energy project with a photo gallery, while admitting the following:

the 100% renewable energy milestone means we buy enough renewable energy over the course of a year to cover our entire annual electricity consumption, however it doesn’t mean that all of our facilities are powered by clean energy every hour of every day. To compensate for times and places where the wind does not blow or the sun does not shine, we buy a surplus of renewable energy at other times and in other places. Our ultimate goal is to achieve CO2-neutral energy supply for our operations in all locations, at all times. We are actively exploring strategies to achieve 24/7 CO2-neutral power supply to all of our data centers, closely monitoring our progress towards achieving this goal.

I conclude with the thing that scares me the most: the more we move forward, the more the main operations we carry out, from bank transactions to public certificates, from tax returns, to the signing of contracts, depend on applications and on telematic accesses, without which we would be practically paralyzed.

I don’t know about you, but I’m not calm. Am I wrong?

ACHETER CHEZ LES PETITS COMMERÇANTS C’EST FAIRE UN GRAND GESTE

ACHETER CHEZ LES PETITS COMMERÇANTS C’EST FAIRE UN GRAND GESTE

Nov 21, 2020 | ECONOMY, WORLD

On the long diatribe between us and the “cousins from beyond the Alps” it must be acknowledged that they know how to be more revolutionary, starting from the feeling of nationalism that they nurture in a strong and clear way.

The French have indeed obtained a result in favor of the campaign to help small traders in this difficult period.

Many personalities took sides by signing up and promoting the cause, starting with the first citizen of Paris Anne Hidalgo.

The main hashtag is #NoelSansAmazon after which Amazon France has decided to postpone Black Friday.

The now famous appointment that provides discounts and bargains corresponds to the Friday after Thanksgiving and celebrates the beginning of Christmas shopping, but in France it has been moved to the beginning of December, more precisely on the 4th, that is four days later than when it is the reopening of shops and commercial establishments, currently forcibly closed due to lockdown, is expected

A certainly correct initiative, to restore a minimum of competition against giants whose position is already fiscally favored at a European level in general.

Inevitably, the thought goes to some of the little shops that it was impossible not to fall in love with for those who were lucky enough to be able to visit Paris.

Do you have any particular memories?

Do you have a purchase of the heart linked to the Ville Lumière?

Otherwise I hope you can live this experience very soon because like Venice, even Paris has an inimitable atmosphere.

Allons enfant de la patrie then!

RICH OR POOR?

RICH OR POOR?

Jun 13, 2020 | ECONOMY, INTERNET, ITALY, WORLD

By now they are commonly called “the websoft giants”, more precisely: Software & Web Companies operating in internet retailing, software development and internet services (social, search engine, web portal, payment system).
As you can see in the Area ratio of Mediobanca they move absolutely significant figures, especially in the context of the general economic crisis in which we are currently.
Big companies therefore.
The adjective big, however, has several meanings: indicates higher than normal in terms of size and quantity, gives a superlative value, but also expresses admiration and is responsible for the name of one who excels in intelligence, capacity and moral qualities.
Here, compared to these moral qualities, these societies become poor, given that moral ethics is completely irrelevant in economics.
Earnings are the only commandment.
So any opportunity is worth for them, including that of not paying taxes even in the face of huge profits.
Corporate holding companies are valid instruments capable of offering advantages linked to both the management of financial flows and tax savings. One of these tools is cash pooling i.e. the centralization, virtual or effective, of all the financial resources (incoming and outgoing flows) of a group within a single company. The goal is to achieve better management of the company’s treasury, but this also leads to better financial solidity when interfacing with the banking system. All this, transferred to the Dutch territory, where the tax regime is facilitated, thanks also to the tax ruling: a practice that clarifies the tax treatment in advance, allowing multinationals to choose the most advantageous destination of the taxable amount, and where there is a real system of companies without employees, used only to pass on cash flows.
It is clear how much the loss for the state coffers is huge, some estimates have been made and, in particular, it is possible to get an idea from this study: The Missing Profits.
In this regard, I would quote a statement by Giulio Tremonti: “I find Prodi’s phrase romantic that speaks of Holland as a country that exports tulips. Holland is a country that imports holding companies. This is a non-marginal fact in terms of influence and power. “

The CGIA of Mestre has raised an alarm.
Waiting for the WEB TAX, we keep our fingers crossed so that at least the artists’ appeal is heard and that the copyright directive is implemented,
Then it would not be bad if they also implement that paying taxes is in fact a form of social sharing towards people, since it is thanks to these people if they can achieve such considerable profits.

Archives

Pin It on Pinterest