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Unfortunately this is about the first time, I'd (almost) disagree with you. If the US bans something on, or makes a law about, the internet it almost always affects the rest of the world. The only difference is the rest of the world has no say in the matter :(
Can you elaborate how this act could affect me in Germany?
Do you visit any websites that are hosted in the United States? It doesn't matter where you're located, it matters where the site you're accessing is hosted.
As an American, GDPR has affected me. Many sites have chosen, rather than deal with Europe and the rest of the world separately, to just make a version of their site that is GDPR-compliant. I've sent GDPR erasure requests to services and they don't bother checking if I'm actually a European citizen, they just remove my data because it's easier. I'd argue that GDPR was a net good even for America and other countries.
This is the same thing but in reverse. If KOSA makes Pornhub unable to operate in America, they may very well shut down due to the loss of revenue. If KOSA makes companies paranoid about allowing, for example, NSFW pictures, or LGTBQ or abortion information, or similar, then those companies may disallow it on their services altogether even if they have servers in Europe because setting up the infrastructure for, for example DailyMotion, to have totally separate databases of content in different regions is just too much.
This can affect you. Not as much as people in the US, sure. But unless you use sites and applications made only by European companies, it can absolutely affect you.
You make a good point! It's too early in the morning for me to think about solutions to the issue, they mainly affect platforms used globally but hosted in a specific country like the USA (Facebook for example).
Though, it's not like we have no say entirely, so there is hope :-)
For example, a major platform like Facebook banning/restricting gay/trans content would be seen as a pretty major case of discrimination and would certainly land Facebook in court over here, with their access to our market eventually closed should they not comply with our equality laws.
So sure, they could keep running in the USA, but their access to global markets would be reduced and fractured depending on how evil and draconian the USA continues to get, and how much freedom other countries have internally in their societies, to better protect from discrimination.
Which I'd say in a way is a good thing, allowing for local rivals to jump up to fill the gap and bring back some of the innovation and joy of the internet of 20 years ago! :-D
But there's down sides too, it distances us from others, making it harder for us to connect with and understand other nations and cultures. I think having a platform that everyone can use, run by a monopoly or not, is a very beneficial thing for us all.
Anyway, just a few extra thoughts there. It's a very complex and difficult topic, and I'm not even "armchair expert" level ๐