The problem is not that Europe lacks ideas or ambition. We have many talented researchers and entrepreneurs filing patents. But innovation is blocked at the next stage: we are failing to translate innovation into commercialisation, and innovative companies that want to scale up in Europe are hindered at every stage by inconsistent and restrictive regulations. As a result, many European entrepreneurs prefer to seek financing from US venture capitalists and scale up in the US market. Between 2008 and 2021, close to 30% of the “unicorns” founded in Europe – startups that went on the be valued over USD 1 billion – relocated their headquarters abroad, with the vast majority moving to the US. With the world on the cusp of an AI revolution, Europe cannot afford to remain stuck in the “middle technologies and industries” of the previous century. We must unlock our innovative potential. This will be key not only to lead in new technologies, but also to integrate AI into our existing industries so that they can stay at the front. source Unverified

The most popular companies in tech are focused on AI right now for a reason. It’s the next frontier of computing. The European Union seems to consider AI the enemy. Any technology can be used for good or bad. By regulating it even before Europe has made much contributions (Europe has almost no tech companies leading in AI), it has stifled any potential innovation in AI from the start. Apart from the regulation itself, the optics of it make the EU look bad on a global scale. Why would tech founders move to Europe to start a business if the EU is actively positioning itself as Anti-AI? AI has gigantic potential to be used for good: think of the medical field for diagnosis of diseases, generally in programming (it helps programmers to create software faster/better), etc. This goes further than AI. The same applies to tech in general. It seems the EU is on a crusade against technology while not being able to compete in it itself. It feels a case of sour grapes: if we can’t build great technology in EU, nobody is allowed to do so! source Unverified

Javi Lopez, @javilopen, Europe is so fucked, ROUND 2. 🚨 Sora launch imminent. Available in most of the world except Europe and China. For the first time in my life, I'm genuinely thinking about moving to Andorra 😂 REGULATION WILL KILL EUROPE. source Unverified

Trump and Musk are steering the US toward significant economic and technological growth, and potentially making humanity a multiplanetary species. Meanwhile in the EU, we're busy clicking on cookie banners. The courage and determination of the US are the spirit we need to rekindle at home. Right now, we have a rare opportunity to restructure Europe, follow in the footsteps of the US, and make the West stronger. We need our own @DOGE to undo the nonsensical regulations and cut wasteful spending. Repeal GDPR. Repeal MiCA. Repeal DMA. Repeal the AI Act. Repeal the other baloney regulations. source Unverified

SORA, OpenAI's new video model, is finally here... well, it's available everywhere except the UK and Europe. With the speed at which technology is advancing, not being able to try it out is a tremendous lack of competitiveness. Either someone revisits the Draghi report, or we're all going to have to emigrate... by necessity. source Unverified