this post was submitted on 07 Oct 2025
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EINDHOVEN, The Netherlands — The European Union’s rules on artificial intelligence are driving tech workers and companies to Silicon Valley, a top executive from the Dutch chipmaking giant ASML has said.

“Why is it so difficult to get AI done in Europe? Simply because we started with regulating, to keep AI under the thumb,” ASML’s Chief Financial Officer Roger Dassen told an event in Eindhoven on Monday evening.

“Someone who has a talent for artificial intelligence, the first thing they do with their hard-earned money … is buying a ticket to Silicon Valley,” Dassen said.

The comments — made during a campaign event for Dutch center-right party Christian Democratic Appeal ahead of national elections Oct. 29 — are another shot across the bow of the EU’s embattled artificial intelligence law.

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With friends who work in AI, I can tell you not all are motivated by money alone, some of them actually do want the scary potential (aka Flock, etc) regulated and are working from Europe.

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[–] ksigley@lemmy.world 1 points 6 minutes ago

Why is it always "slams" ?

[–] General_Effort@lemmy.world 1 points 13 hours ago

With friends who work in AI, I can tell you not all are motivated by money alone, some of them actually do want the scary potential (aka Flock, etc) regulated and are working from Europe.

If they are in favor of the AI Act, they don't know the AI Act. But never mind... I'm curious what your friends are working on (and if it has a future in the EU). That's Flock.io, promising decentralization?

[–] nkat2112@sh.itjust.works 39 points 1 day ago

Thank goodness for regulation - thank goodness for Europe.

I understand people who frequent right-wing campaign events might feel otherwise - and I'm not surprised by that.

[–] CosmoNova@lemmy.world 7 points 1 day ago

A lot of those tech bros and CEOs will vanish from the public overnight when the bubble bursts and the EU isn‘t half as badly affected as many other places who sunk everything into it.

[–] alexc@lemmy.world 23 points 1 day ago (1 children)

Maybe if these corporations acted with a little integrity and respect for laws like (say) privacy and copyright, then maybe they wouldn’t need to be regulated…

Just sayin’

[–] vacuumflower@lemmy.sdf.org 4 points 17 hours ago

Corporations can't have integrity and respect, these are qualities of individual humans.

[–] b_tr3e@feddit.org 14 points 1 day ago

Big tech droid decries "over-regulation". More news at 11.

[–] UnfortunateShort@lemmy.world 6 points 1 day ago

Yeah, what a terrible idea to (quite loosely actually) regulate something that definitely needs to be regulated, and to do so before you wasted billions on it, since you can't wait to shove that shit down everyone's throats. Not your own money of course, oh no. You fill your fucking pockets with the money of delusional and/or clueless investors, because hardly anyone is paying for said shit.

[–] WanderingThoughts@europe.pub 4 points 1 day ago

And the bottom 90% of the population wants more regulation for the same reason: more money for them.