A single company's success story, like Mistral AI, doesn't automatically mean the entire European AI regulatory framework is suddenly viable for everyone else, especially if most are still struggling.
We need to look at the downside for the majority, not just a rare outlier, before we declare anything a win.
If one company manages to navigate strict rules, it doesn't mean those rules aren't still a barrier for countless others; it just means that one found a way, perhaps through exceptional resources or a specific niche.
My concern is always the drawdown for the average firm, not the exception.