ABSOLUTELY TRUE. SLOPCORE (YES, IT’S THE NAME, DEAL) NAILED IT: “America Innovates, Europe Regulates”.
It was always a tendency of Europe. Having lost the lead in the race to the future circa the early 20th century, Europe prided itself on being more considerate and careful. But the EU just tied them up in red tape and blindfolded them with stories of how much worse things were in America. (All of them BS.)