This helps big tech players at the little guys' expense. Big companies can build their own content filters. Small companies can't, and are forced to buy content filtering software or services from the big companies.
There's a big difference between a DMCA system where the content host has the responsibility to take down copyrighted content in a reasonable time frame, while having safe harbor protection in cases where content gets through, versus a "non-safe harbor" law where you literally cannot allow any copyrighted content _on upload_, or you can be held liable. It would be impossible to decide who owns what, even for Google, and so they would need to have some other system that is not user generated content (who knows what).
User-generated content is the life blood of the web, it's why everyone can communicate and we have this new world, we simply need it I think. I really disagree with others who try to frame this as if Google and Reddit are simply another company trying to defend their turf. This is a real blunder for the EU and completely misinformed IMO
This helps big tech players at the little guys' expense. Big companies can build their own content filters. Small companies can't, and are forced to buy content filtering software or services from the big companies.