Google, Meta Criticize EU AI Regulation

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current AI regulation

CNBC

•

Technology

Google, Meta execs blast Europe over strict AI regulation as Big Tech ups the ante

Summary

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81% Informative

Executives at U.S. tech giants Google and Meta said Europe 's AI industry is being held back by excessive regulation.

Speaking at Techarena tech conference in Stockholm , public policy chiefs voiced concerns about the EU 's strict approach to regulating AI and machine learning.

Big Tech firms have been upping their rhetoric against EU 's approach to tech regulation and ramping up lobbying efforts.

The region needs to start thinking "beyond GDPR , beyond the EU AI Act" and producing technological success stories to get people "excited" about the promise of the technology.

Last year , tech entrepreneurs in the region proposed a new initiative to address fragmented market regulations across the 27 -member bloc by establishing a " 28th regime".

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formal

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English

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