The problem has actually parts:
1. Huang is correct, if you kill all innovation you simply regulate nothing.
2. The other problem with any regulation is that it is used to keep competitors away, so if one company would still make it and then can shape regulation, you reduce competition in Europe which again is bad.
🇩🇪 Nvidia's Jensen Huang CORNERED German Chancellor Merz on the old EU regulation playbook
"I've also heard you say that you want to find that balance between innovation and regulation.
There's nothing to regulate if the industry doesn't thrive."
Europe keeps reaching for the rulebook before the companies even get off the ground.
Writer: Lucas