Oleg Stavitsky points to the risk of Europe falling behind in AI innovation, emphasizing that the stringent regulations are 'strangling' local development and pushing Big Tech away.
The concern voiced by major AI leaders like Sam Altman highlights the tension between compliance and innovation, where the emphasis on regulation risks forcing companies to exit the market altogether.
European tech companies are facing a 'tsunami' of legislation that has sparked fear and doubts among startups, who believe this bureaucratic environment is limiting their growth potential.
The reluctance of US giants to launch advanced AI models in Europe underscores a critical dispute over the regulatory landscape, suggesting that innovation may be hampered by these rules.
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