‘Excessive regulation’ could ‘kill’ AI sector: US VP Vance

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US Vice President JD Vance on Monday warned against “excessive regulation” of artificial intelligence at a Paris summit on the technology, warning both European allies and rivals like China against tightening governments’ grip.

“Excessive regulation of the AI sector could kill a transformative sector just as it’s taking off,” Vance told global leaders and tech industry chiefs in the opulent surroundings of the French capital’s Grand Palais.

He singled out the European Union’s Digital Services Act by name for criticism over “massive regulations it…



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‘Excessive regulation’ could ‘kill’ AI sector: US VP Vance


US Vice President JD Vance on Monday warned against “excessive regulation” of artificial intelligence at a Paris summit on the technology, warning both European allies and rivals like China against tightening governments’ grip.

“Excessive regulation of the AI sector could kill a transformative sector just as it’s taking off,” Vance told global leaders and tech industry chiefs in the opulent surroundings of the French capital’s Grand Palais.

He singled out the European Union’s Digital Services Act by name for criticism over “massive regulations it…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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