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Canadian billionaire Kevin O'Leary to US government: Don’t do the mistake that Europe made, you will lose AI race to China

News Snapshot:

Kevin O'Leary. Canadian billionaire investor and former Shark Tank investor, Kevin O’Leary has urged the US government not to follow the heavy regulation path of the Europe. O’Leary warned that this could cost America its leadership in the global AI race. In an interview with Fox News, O’Leary argued that Europe’s strict rules after World War II drove innovators and capital to the United States. ““After the Second World War, they screwed themselves. They put a regulatory environment in so onerous that everybody just brought their dough to the United States and developed their companies here. And stole the people…

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