The EU and U.S. are on Track to Ban AI, Handing the 21st Century to China

This article was originally published on May 27, 21 on Newsweek

The European Union has chronically failed to produce any notable tech unicorns — billion-dollar startups. Its recent move to regulate (I would say criminalize) AI technology, if implemented, will setback the EU to the dark ages, and hand the future of tech to China. Instead of supporting these moves as it has, the Biden administration must embrace and support a future of growth and advancement — a future that promotes use of AI, for the sake of the economy, society and above all, national security.

Sid Mohasseb is an Author, Venture Investor, Innovation Leader, Serial Entrepreneur, University Professor, Adviser, Board Member & Business Thought Provoker.