Part 7/16:
Europe's technological innovation has largely stagnated. While the U.S. and China push forward with AI, biotech, and digital giants, Europe's tech scene is a shadow of its former self. European startups like Mistral AI grapple with heavy regulation—navigating the EU's AI Act, GDPR, and other laws—that stifle growth. Many European tech companies ultimately get acquired by American giants like Google, Microsoft, and Amazon, making Europe a breeding ground for U.S. companies rather than a source of innovation.