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Heavy-handed regulation has essentially crippled Europe's tech ecosystem. Look at the numbers and it tells the whole story.
While the EU was tightening the screws, they're now slapping Google with a $10.5 billion fine—essentially picking at the remains of what could've been. Enough capital to fund ambitious projects they'll likely never see.
The contrast is stark. European GDP grew from $16.4 trillion in 2016 to $19.4 trillion by 2024—a $3 trillion increase over eight years. Meanwhile, the US went from $18.8 trillion to $29.2 trillion, adding $10.4 trillion in the same period. That's not just a gap; it's a chasm.
Regulation has its place, sure. But stifle innovation, and you're essentially watching your competitive edge slip away while others sprint ahead.