The US is currently at a crossroads, faced with the task of creating an AI regulatory framework that protects consumer privacy without stifling the very innovation that makes AI so powerful. In this regard, Europe has been both a leader and a cautionary tale.
Its approach to regulation, particularly with the General Data Protection Regulation (GDPR), the Digital Markets Act (DMA), and the AI Act, offers valuable insights, but also lessons on the potential pitfalls of stringent oversight.