Depending on the outcome I’ll call BS on your BS. Open source AI friendly regulation would certainly support your statement, while regulatory moat for megacorps with sophisticated compliance divisions would entirely obviate your statement.

There is something though that’s chilling EU tech investment, whether it’s regulation or tech, regulation of funding vehicles, or some other artifact. All factors align to a vibrant EU tech sector, yet it’s just not present. This reflects in ludicrously low salaries, poor career prospects, and a lack of clout - better than trying to force tech standards via imperfect mechanisms like regulation the EU should be setting standards by virtue of its technical ability to create excellent tech standards and platforms.

The best EU tech talent I know is working at some American company, be it megacorps like Google or Amazon, JPMC, or smaller tech companies like Datadog, etc. I don’t gloat in this - I wish all the world were firing on all cylinders in tech, space, science, engineering innovation. That’s the only way out of our broken way of doing things that’s killing our planet and our society.