One company, like Mistral AI, succeeding doesn't prove the whole European AI regulatory framework is working for everyone.
It's easy to confuse correlation with causation when you see a rare success story; what about the hundreds of others struggling?
Most small businesses are already operating with dwindling resources, and high compliance costs can be the final straw, leaving them with no liquidity to innovate or even survive.
We need to see if this framework actually helps foster growth broadly, not just celebrate the few who manage to break through, otherwise, we're just accepting a finite pool of winners.