European tech industry faces criticism for excessive regulation hindering innovation. Google CEO and Eric Schmidt express concerns over Europe's regulatory approach, citing challenges in competing globally due to lack of innovation and capital availability.
Eric Schmidt says it's going to be rare to see the successes in Europe that you see in America and the UK: "The fundamental reason is that they can't get the capital and Europe's regulatory structure is so prohibitive It's really sad because the European talent pool is amazing,… https://t.co/DonI2f2kvQ https://t.co/HRWRiDua52
I've spent 10 years trying to convince Europe to actually innovate instead of regulate, and they just keep regulating Europe is highly unlikely to be relevant https://t.co/lGvzsB5CSU https://t.co/n9MlJmFEkL
"I've spent 10 years trying to convince Europe to actually innovate instead of regulate, and they just keep regulating Europe is highly unlikely to be relevant" https://t.co/lGvzsB5CSU https://t.co/n9MlJmFEkL
This is so embarrassing for Europe and its leaders. CEO of Google: “Europe is highly unlikely to be relevant' because of the constant regulation over innovation. Instead of investing billions in innovation to compete with the rest of the world, they prefer spending billions on… https://t.co/zyKOfiOd5p
Fair points. But then perhaps ask why Europe's top regulators spend their days grandstanding against US tech companies rather than fix the things holding back Europe's tech companies? https://t.co/AbtgYnfFtx
“Europe is highly unlikely to be relevant” 💀 https://t.co/pGVmE3lTsn