How Overregulation Is Turning the EU Into a No-Go Zone for Tech Innovation?

Zuckerberg reminded that the EU has fined big tech about $30 billion over the past decade or two.

Calling it an “EU policy” of dealing with American tech and “almost like a tariff.”

Zuch suggests this is unprecedented, and other countries trying to harm the US economy are either getting pressure back from the US or other ways the US is dealing with them. And what’s happening with the EU regulations right now needs more work now that Trump is taking over.

I’m frankly appalled this has been happening in the first place (saying this as a EU citizen). Several hundred lawyers and politicians gathering to dictate digital laws – including cluttering the whole Internet with all pop ups and cookie consents over the past decade.

And then threatening with epic GDPR fees which normally requires an army of cybersecurity experts and DPO gurus to manage even for a $500K startup.

I’m sad to see even UK startups and publishers being blocked from any other EU country just because of the risks they step sideways and get charged millions of dollars because of a handful of curious readers finding them on Google.

The fact that ChatGPT, Claude, Grok, other AI models weren’t made available for months to the EU for privacy reasons is no accident. It’s high tech deprioritizing the EU because of some lawyers slapping fees left and right for some sense of justice.

Same goes for large global apps being released across the world (but not to the EU over the first 4-6 months).

I may be aligned with some of the higher-level privacy policies – and would likely support a more moderate control over data (like certain role requirements over specific revenue thresholds), but all the blanket laws that are impossible to follow in reality have shattered the web as we knew it before.