> What's REALLY much more important though if you want to be a part of the AI race and I've posted for years here with @euaccofficial
is to make Europe a really extremely attractive place to start and run an AI business. Remove regulatory obstructions and give tax discounts for startups. Let them build a business first that can compete worldwide and once they make enough money (let's say $100M/y), then slowly start adding regulation.
When you talk to most EU business owners, even in tech, the limiting factor isn't regulations. This being the #1 reason is such a tired trope.
Ironically, China has in some ways a bigger regulatory burden when it comes to software, as there if the government doesn't approve the business is dead in the water. I doubt that Klarna would've gotten off the ground there, for one, I could see them being shut down much earlier there. In the EU only now very slowly are some governments even starting to talk about some weak measures around their business model. But I've never, not once in my life, heard "Chinese software companies can't get off the ground due to the regulatory burden".
The same people who clamor about the EU regulations are the ones who hate on the EU for their protectionist measures against US tech. Yet another bout of irony here - China's software industry has flourished exactly thanks to 10 times stronger protectionist measures against US tech. So has Korea's, and their protectionism has never even been anywhere on the China level, more inbetween EU and China. No, if there's anything that would help, it's much more tech protectionism in the EU.
Pieter Levels is at the end of the day an influencer, not a serious founder.
When you talk to most EU business owners, even in tech, the limiting factor isn't regulations. This being the #1 reason is such a tired trope.
Ironically, China has in some ways a bigger regulatory burden when it comes to software, as there if the government doesn't approve the business is dead in the water. I doubt that Klarna would've gotten off the ground there, for one, I could see them being shut down much earlier there. In the EU only now very slowly are some governments even starting to talk about some weak measures around their business model. But I've never, not once in my life, heard "Chinese software companies can't get off the ground due to the regulatory burden".
The same people who clamor about the EU regulations are the ones who hate on the EU for their protectionist measures against US tech. Yet another bout of irony here - China's software industry has flourished exactly thanks to 10 times stronger protectionist measures against US tech. So has Korea's, and their protectionism has never even been anywhere on the China level, more inbetween EU and China. No, if there's anything that would help, it's much more tech protectionism in the EU.
Pieter Levels is at the end of the day an influencer, not a serious founder.