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In post-PRISM world, how much does Europe’s cloud industry stand to gain?

In the aftermath of revelations about the U.S. National Security Agency’s data collection program PRISM, many have said that the controversy will cost U.S. cloud companies dearly, potentially to the tune of tens of billions of dollars. But will that damage travel across the pond or result in a windfall for European cloud companies?

When asked that question Thursday at GigaOM’s Structure: Europe conference, Dan Gillmor, an author and professor of digital media at Arizona State University, told GigaOM senior writer David Meyer that it depends on whether you think European governments won’t do exactly the same thing with providers in their own jurisdictions.

“I sense that a lot of the outrage from leaders in places like Germany is that they reserve the right to spy on their citizens to themselves, rather than to my government,” he said. “So, we’ll see.”

via GigaOM.