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I believe the EU is not “attacking”. It’s generally the EU’s insecurity over anything technical, as there is no good homegrown ecosystem for software, AI, etc.
by miohtama 3y ago
I believe the EU is not “attacking”. It’s generally the EU’s insecurity over anything technical, as there is no good homegrown ecosystem for software, AI, etc. Brussels thinks it can fix this by regulating large American enterprises and making them dance on its music.
Also, generally politicals want to control everything and do not see the harmful side effects of regulation. You are not going to get re-elected by de-regulation. “Think of the children” and any AI, cryptocurrency etc. doomsday porn is sure way to get headlines and get your name out in the press.
The root cause of the problem of why the EU lacks software startups and AI startups compared to the US and China remains unaddresed.
In the end the result is that more and more business is infeasible in the EU, for both EU citizens and foreigners and will just move to elsewhere.