Actually, it is. It will operate as a subsidiary company based in Europe. That means it's 100% subject to European law, not American law. And being staffed by Europeans means they are immune to any US legal threats. I.e. the US can't compel a European employee to reveal data under a subpoena the way it could compel American citizens.
Amazon remains the owner and controls the technology, yes. But as long as things are encrypted correctly and the hardware is in Europe, the data is secure from the US government. Sure Amazon or any cloud provider could build a back door, but that will eventually be discovered whether by hacker or whistleblower and their reputation will be forever ruined and they'll lose all corporate and government business forever. It's not in Amazon's corporate self-interest to allow a back door like that.
The only way this would work is if the European operation were truly independent & separately owned, no corporate control from the US. But I don't think that's what AWS is proposing.
This is clearly a valuable game! It is worth in expectation $20B. But it also has a 50% chance of being worthless to you.
Someone offers to buy it from you for $20B. You agree, giving up some upside for some downside protection.
But then someone else says that's not allowed. So you play the game and you roll a six and get $60B.
Does that prove the person who made you play it rather than sell it was "right," ex ante?
The idea that there's a significant lobby on fucking Hacker News unhappy that a startup IPO'd for a zillion bucks and made everyone rich is twilight zone shit. It makes no sense according to the stated values in the fucking masthead.
[0] https://techcrunch.com/2024/06/15/ftc-chair-lina-khan-on-sta...