[Simon321]

I am from the EU, not an American. I am not anti regulation in general. An example of where this has happened before was with GMO's:

> In 2006, the World Trade Organization concluded that the EU moratorium, which had been in effect from 1999 to 2004,[12] had violated international trade rules.[13][14]

We had a moratorium for years and even now we have the most stringent GMO regulations in the world. This crippled GMO research in Europe.

[mrtksn]

> This crippled GMO research in Europe.

Did it?

But yes, if something is banned then its probably bad for business and innovation around it. Europe is probably missing out on carcinogenic food additive innovations too. Okay, GMO's are not banned by EU but they are banned by some of the largest EU countries and if those countries fell behind in GMO tech, maybe it's due to the local bans and not the EU regulations?

EU isn't into banning AI though. Regulating doesn't mean banning, consider EU's digital markets act - EU didn't ban AppStore but put a requirement on device manufacturers to allow other AppStores. When EU regulated the EV charging ports, it did not ban EVs, but put a requirement to have unified plug.