Europe just doesn't have the "move fast and break things" mentality because we don't want things like privacy broken. At least not without the user's unpressured choice which is what GDPR is all about.

If we allowed the same kind of unrestricted development we'd have more money and growth but we'd be just like the US. Which I personally don't want for sure. I'm glad to be living here. It's not all about money and economy.