Canadian billionaire warns US: Avoid Europe’s AI mistake or lose to China

 Canadian investor Kevin O’Leary warns the US against adopting Europe’s stringent AI regulations, fearing it could cede global leadership. He highlights the UAE’s pro-business approach as a successful model. O’Leary also stresses the need for a robust power grid and open chip policies to attract global talent and maintain AI dominance, citing historical examples of successful innovation through talent acquisition. Canadian investor Kevin O’Leary warns the US against adopting Europe’s stringent AI regulations, fearing it could cede global leadership. He highlights the UAE’s pro-business approach as a successful model. O’Leary also stresses the need for a robust power grid and open chip policies to attract global talent and maintain AI dominance, citing historical examples of successful innovation through talent acquisition.