I think the EU is a way behind because of a lack of investment in startups.
Edit:
Like 90% of de audio dev industry is in Europe (Native instruments, Ableton, Steinberg, UVI, Arturia, etc).
Moving money does not mean advancement in humanity or quality of life for every one.
I'm starting to think that the US senate is a feature and not a bug.
"And I hear Americans saying this nowadays, and there's a lot of it going around. They talk about a "dysfunctional government" because there's disagreement.
And the Framers would have said, "Yes, that's exactly the way we set it up. We wanted this to be power contradicting power -- because the main ill that beset us" -- as Hamilton said in The Federalist when he talked about a separate Senate -- He said, "Yes, it seems inconvenient, but inasmuch as the main ill that besets us is an excess of legislation, it won't be so bad."
This is 1787 -- he didn't know what an excess of legislation was."
I know some folks are quite allergic to the word “regulation” and I think in this case, we should call them “safeguards”.
You can innovate all you want, just don’t hurt people in the process.
[0] https://www.europarl.europa.eu/news/en/press-room/20231206IP...