
AI regulation and why Irish startups are being driven abroad
The Big Tech Show
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Navigating Startup Regulations in Europe and Singapore
This chapter explores the regulatory challenges faced by Irish startups, particularly in the tech and crypto sectors, highlighting the contrasts with more favorable environments like Singapore. The discussion delves into the complexities of the EU AI Act and bureaucratic obstacles in securing funding, showcasing how these factors discourage innovation in Europe. Personal experiences underscore the volatile nature of cryptocurrency funding and the implications for attracting international investment amidst restrictive regulations.
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