content that incites violence or hate speech from social media.

“They need to expeditiously remove content they are aware of if it is illegal.”

If a social media platform does not comply with the new EU law it can be sanctioned with a hefty fine

This essentially adds up to government proctorship of any "public forum" on the internet, including here... So if I randomly throw an "all lives matter" right here mid-comment, which while at face value is a ridiculously benign thing to say, can be and almost always is considered to be hate speech, lemmy is entirely obligated to immediately remove my comment or face heavy sanctions from the EU.

It's an extreme caricature of an example that I assume won't go anywhere, but the point is that it could, and the deciding factor on that isn't anyone here, the deciding factor is a bunch of rando EU officials... If some Karen in Wales in the right position decides she doesn't like my comment, she could initiate a "hefty" fine against lemmy admins.

It's an absurd concept, and I don't say that in the context of tuker Carlson (who I simply don't give two shits about in any context), I say that in the context of us, as a "social media" community. We are subject to this proctorship, this censorship...