United States: US Vice President JD Vance urged European countries on Tuesday to adopt “the new frontier of AI with optimism and not trepidation” while upholding a lighter touch on tech rules.
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According to him, while attending a gathering at the Artificial Intelligence Action Summit in Paris, “We want to embark on the AI revolution before us with the spirit of openness and collaboration but to create that kind of trust, we need international regulatory regimes that foster the creation,” politico.eu reported.
During his address, Vance supported US tech representatives by advocating for AI regulatory measures that would “not strangle” the industry’s growth.
Moreover, “To restrict its development now would not only unfairly benefit incumbents in the space, it would mean paralyzing one of the most promising technologies we have seen in generations,” he added.
Vance targetted European act
During his speech at the summit, Vance targetted Europe’s Digital Markets Act and the Digital Services Act, pointing to attendees, which included European Commission President Ursula von der Leyen, that these were “onerous international rules” that are giving hurdles to innovation and created unnecessary hurdles for American businesses.
EU tech boss Henna Virkkunen told POLITICO at the summit that European tech laws treat everyone equally under the same conditions.
Her American counterparts will hear her regarding the issue while she vows to assemble a regulatory framework that supports innovation through AI.
The remarks from Vance received acceptance from major European AI companies since these companies have long urged Brussels to prioritize innovation above regulation and politico.eu reported.
Multiple technology executives have advocated for EU institutions to assess and possibly amend the AI Act because it prohibits specific operations and implements safety requirements.
Vance expressed his approval of the summit’s positive manner of discussion, which French President Emmanuel Macron described as AI’s developmental possibilities instead of regulatory debates and threat analysis.
“I like to see that deregulatory flavor making its way into a lot of conversations,” he added.