European Union (EU) Competition Chief Margrethe Vestager has challenged claims that new artificial intelligence (AI) laws could harm innovation. Instead, she argues, they create legal […]
EU Official Hits Back at Macron’s Resistance to AI Act
European Union (EU) Competition Chief Margrethe Vestager has challenged claims that new artificial intelligence (AI) laws could harm innovation. Instead, she argues, they create legal certainty for tech companies warning to operate in the EU, even as crypto businesses come into alignment with the region’s crypto regulations. Vestager said the laws would guide the building of models like OpenAI’s Generative Pre-Trained Transformer system. Her statements come after French President Emmanuel Macron criticized the new policy as too restrictive. EU Chief Argues for Happy AI Middleground Vestager suggested knowing what to expect from AI models once they are industrialized is important. At the same time, she cautioned against overregulation and a thoughtful application of the laws so as not to stifle…
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