Listen "Why New Companies Are Winning Against Old Giants: The Hidden Costs and Opportunities of AI "
Episode Synopsis
EU's complex regulatory environment creates both challenges and opportunities for businesses navigating data privacy, financial services, and healthcare regulations across member states. • Significant differences exist between EU-wide regulations and country-specific implementations• Large companies like Meta and Uber have faced multi-million Euro fines for GDPR violations• Financial institutions struggle with innovation due to contradictory and slow-moving regulations• Healthcare organizations often have regulations but lack enforcement, creating security risks• AI adoption faces resistance similar to the US, though its implementation is transforming industries• Traditional banks create separate "baby banks" with modern infrastructure to work around regulatory limitations• Companies often underestimate marketing costs when entering EU markets due to privacy restrictions• Red teaming employees creates privacy concerns that must be balanced with security needs• Local legal expertise is essential when entering European markets to avoid costly compliance mistakes• Every regulatory challenge also presents strategic opportunities for companies who understand the landscapeTo learn more about Bruning Media and our services, visit bruning.com.Josh's LinkedIn
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