Innovate, Replicate or Regulate U.S. Big Tech companies should take a lesson from their Big Ag counterparts – Europe is not your friend. Looking at artificial intelligence, EU Executive Vice President Margrethe Vestager says the "The choice should not be American or American.” Yet the goal of Europe’s food sovereignty campaigns is that the only food should be European. The EU is falling behind on tech once again with AI investments in the U.S. four times larger than in the EU. The cause is not anti-competitiveness by American companies as Vestager charges, but over-regulation by Brussels. EU officials announced bans on some forms of AI, and regulations on other types. As the Wall Street Journal’s Greg Ip notes, &ldq...

TAGS – North America, Macroeconomics