OpenClaw creator slams Europe's regulations as he moves to the US (www.businessinsider.com)

Peter Steinberger, the creator of the AI tool OpenClaw, has moved from Europe to the US to join OpenAI, citing stringent European regulations as a hindrance to tech growth. His comments highlight a broader concern within the European tech landscape, which has been criticized for lagging behind the US in innovation and entrepreneurship. Steinberger pointed out that while the US tech environment encourages rapid development and longer work hours, Europe imposes restrictive labor laws that limit flexibility and scalability for startups. This migration underscores a significant trend in the AI/ML community, where regulatory challenges in Europe are prompting tech talent to seek opportunities in the US, home to numerous trillion-dollar companies. A recent EU report confirmed this disparity, indicating that while the region struggles with regulatory complexities, the US continues to foster a dynamic tech ecosystem. Steinberger remains hopeful for initiatives like EU INC, aimed at harmonizing corporate laws across Europe, but warns that progress is stalling due to competing national interests that may ultimately hinder collective growth.