No, it's just a bad piece of legislation that follow the pattern the EU almost always follows: Take a good idea, and then figure out the most invasive, costly and imprudent way to implement it, drastically raising everyone's costs. It makes business less likely to happen in the EU, lowers growth and protects incumbent oligopolies because they can afford to throw lawyers at it, while upcoming competitors can not, especially the organic kind fixing real problems (and the kind I would argue is the most valuable to a country vs the weird PE driven ones).

Of course you would take the GDPR burden. The direct cost isn't to you and the way it extremely negatively affects you isn't directly obvious immediately, it happens slowly over time with much larger effect than you realize. The mechanism is less quality company growth, more large company stagnation, lower pay over your life time and higher taxes because the tax base doesn't grow as much as people choose to develop the next big thing elsewhere and don't create as many competing companies in the other economic areas.