To be honest, as much as people complain about EU regulations and bureaucracy, at least they are highly predictable. Every relevant piece of regulation, like the GDPR and the AI Act, was probably more than five years in the making and then added another year or two to take effect.
If I were a frontier lab with a billion-dollar investment under my belt, I wouldn't want to operate in a regulatory environment with the same prediction horizon as the weather.
EU regulation is not the problem, it's the national governments. They are the ones who create red tape and high taxation almost every step of the way, and create years of delays when even one crazy person complains.
> as much as people complain about EU regulations and bureaucracy, at least they are highly predictable.
Hasn't the EU basically already regulated any potential "unsafe" AI in Europe out of existence?
They don't go on random personalist whims (so far!), but they also tend to be much less specific in a way that can frustrate US businesses. The GDPR definition of "personal data" is just a couple of lines long; the California definition of "personal information" lists out twelve categories, one of which is "sensitive personal information" with eight more categories.
Anthropic have raised roughly $100 billion just in the first half of this year. Capital markets in the EU are simply unable to operate at that speed and scale.