At first, we missed the internet. Because of way too much regulation.
Then we found ourselves using only US software and digital services.
What did we do? We created more regulation. Way more regulation. Burying all hope Europe could ever get a foot in the door of the internet.
Now we are about to miss AI.
OpenAI, Microsoft, Google, Meta, Tesla, NVIDIA .. all AI players are in the US again.
I don't think more governmental intervention is the right way.
In fact, I think it is counterproductive.
What should we do?
Well, it's a long process. We would have to get to a mindset that gives small entrepreneurs more freedom. Less bureaucracy and less regulation, step by step. I don't think it will happen. The reaction in Europe is always "more regulation". The thought of removing some regulation is probably terrifying to our leaders.