Facebook and Spotify warn Europe could lag in AI due to complex regulations.

Facebook CEO Mark Zuckerberg and Spotify CEO Daniel Ek have warned that Europe's complex and fragmented regulatory environment could hinder its ability to compete in the global race for AI leadership. They argue that Europe's current regulatory structure is impeding innovation and holding back developers, and that the region's inconsistent application of the General Data Protection Regulation (GDPR) is creating uncertainty. The CEOs call for a more streamlined and harmonized regulatory approach that balances innovation with user rights and privacy, stating that with the right regulatory environment, Europe could lead the next generation of tech innovation. [Extracted from the article]