The absence of direct funding failures in AI startups since 2024, as presented in this analysis, doesn't automatically mean the AI Act is a breeze; it often means you're looking at who can afford to play the game.
Who really benefits from this narrative that things are perfectly fine? It's the larger firms or those with deep pockets who can navigate the complex regulatory maze, while smaller, more innovative ventures might simply give up before they even appear on the radar for a funding round.
Just like in Italy, where the big companies can always afford their commercialista to handle the endless paperwork, many promising ideas from smaller teams get buried under compliance costs long before they ever reach an investment committee.
This isn't 'context'; it’s a selective spotlight that conveniently ignores the unseen struggles and lost potential, painting a rosy picture for those who drafted the rules.