They just end up making their local tech entrepreneurs flee to US/UK.
Did it do that? Which startups flee due to GDPR?
In my experience as a user, I now have option to download my data and know what's collected about.
[0] https://investors.biontech.de/news-releases/news-release-det...
Companies do these things all the time, I guess it's fun to imagine that opening offices in other countries is fleeing and that are fleeing to UK because they are having trouble processing personal data when developing drugs but I don't see why would that be the case.
Fun fact: UK data protection laws are about the same as EU.
Fun fact: Why would UK miss the chance to attract tech companies and get rid of pre-Brexit laws after they went through all the unfortunate hassle Brexit was?
Because UK is not made of libertarians who were under the EU opression but all those EU laws were made with UK's contribution and input. The UK has not become the libertarian utopia and will not become the libertarian utopia inside or outside of EU because the British public at large doesn't want it. If anything, probably the Labour party will win the next elections, the libertarians are very unpopular. British are not Americans and most don't trust corporations and want government involvement in protecting them against wrongdoings.
Brexit's biggest con was that EU is some 3rd party and the British public wants something else. In reality, Brits made the EU.
Which of the new AI labs is setup in EU?
Stability? Midjourney? Anthropic? Cohere? Every single one is either in the US or UK. LLM companies deal with huge legal uncertainties, especially around data and privacy. Hence investors are reluctant to fund any in the EU, and potential founders are deterred. This is all legacy of the GDPR and the 'regulatory superpower' mindset that the EU deluded itself into.
The only new wave AI company from the EU is DeepL, which is going to face really really intense competition from LLMs.
here is a quick watch: https://www.youtube.com/watch?v=5ZdmS-EAbHo
I have no idea why would you claim that with the introduction of GDPR Europe lost on tech. By tech I mean the SV industry, there are many other technologies out there.
Anyway, why all the "tech" is in SV? Do they have GDPR in the other states?
There are plenty of smaller AI startups splattered across the US.
Who is checking for that? Can you give me an example of any public authority within the EU that has the operational excellence to even understand how BigTech is collecting and handling data? For Germany I only see Ulrich Kelber who certainly does not have the competence to even understand how BigTech is doing their things.
Instead of developing operational excellence in their prosecution authorities to be able to track down and punish bad actors, they install regulations for everyone and try to simulate competence harming their own economy.
Not all crimes are preventable, which doesn't mean the laws aren't enforceable. Example: even though murder is illegal, people still commit murder, but they are rightfully punished for it, as the law mandates.
> [...] harming their own economy.
Do you have any proof that tech regulation is detrimental to the economy?
And if this is your counter example, then it proves my point that the Americans far more innovative currently.
AFAIK, so far the UK is quite happy with the GDPR and has no plans to abandon it.
Your use of “probably” is quite telling. Probably, as in, maybe not, maybe yes, who knows. As the act is phrased today, anyone who publishes a certain type of model, or a derivative of such, is a subject to certain legal obligations. Do you want to risk that Europol or any other task force knocks on your door, or hope every time that you slip under the radar?
Those acts, together with the CRA, are so vague that a lot of people will operate in a grey area. So maybe nobody knocks on your door for a year. Or two. Or five. But when they knock, good luck defending yourself from a legal action based on laws written by people who had so little idea they had to leave so many vague points open to interpretation depending on who doesn’t like you to what extent.
Today.
> People appear to be extracting drama
Makes sense considering that the drama influences subsequent reviews and changes.
The EU stuff is usually against large corporations who pose systematic risks. Think about how TikTok makes the US freak out about China spying and manipulations, for EU it's the the same thing but include Facebook and all other large social media too(because American corporations are foreign in Europe like TikTok is foreign in USA). US considers banning TikTok, EU's approach is to regulate how data is processed and used in order to keep open market and mitigate risks.
So as a rule of thumb, Europol doesn't knock on your door when you train a model on data that doesn't meet the requirements. This is probably designed to make countries introduce laws which will hold Google/OpenAI etc. accountable for their services so they can't just shrug and say "ouppsy, it's not our fault the AI did it".
I'm sorry to pop the alarmist narrative, but this is not the legislation which is going to "get you".