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by svetb 920 days ago
Europe “missed the Internet” (and the US didn’t) because of various underlying factors - smaller/more fragmented markets, a more muted entrepreneurial culture, shallower pools of capital, etc.

I don’t think the fact that Google, Amazon, and Facebook were built in the US is down to EU regulations.

It’s no more difficult to start a tech company in Europe than it is in the US, and it’s generally no more onerous to grow it, from a regulatory perspective. But ambitious entrepreneurs often head to the US in order to tap into a larger market and more developed ecosystem.

So I’m not sure the analogy is that valid. But yeah, I do think that EU regulation of AI may be an additional factor that skews the playing field.

2 comments

> shallower pools of capital

Why do you think all the capital is allocated in the US? Because we don't smother as many companies to death

> It’s no more difficult to start a tech company in Europe than it is in the US, and it’s generally no more onerous to grow it,

This is an extremely bizarre claim.

> I don’t think the fact that Google, Amazon, and Facebook were built in the US i

I'd say that even more importantly, they were born in very specific places in the US

It's not like Amazon could have started in Atlanta for example.

(Amazon does sound like the one that was the most distant from the academic and valley world, but MS was in Seattle first)