"The hundreds of billions of dollars being spent on AI are overwhelming Europe's commitment to digital privacy and stringent tech regulation. The EU's AI Act and General Data Protection Regulation (GDPR) law are being delayed and weakened, respectively. Former Italian prime minister Mario Draghi had warned a year ago that Europe had fallen behind the US and China in innovation and was weak in the emerging technologies that would drive future growth, such as AI. Others, including the EU's economy commissioner, agreed with him."
"The plans were part of the commission's digital omnibus, which tries to streamline tech rules including GDPR, the AI Act, the ePrivacy directive and the Data Act. If agreed, the changes to GDPR would make it easier for tech firms to use personal data to train AI models without asking for consent, and try to end cookie banner fatigue by reducing the number times internet users have to give their permission to being tracked on the internet."
EU regulators are delaying parts of the AI Act and loosening GDPR to attract AI investment and compete globally. Hundreds of billions of dollars in AI spending are overwhelming Europe's commitments to digital privacy and tight tech rules. Former prime minister Mario Draghi and other officials warned Europe has fallen behind the US and China in innovation and emerging technologies such as AI. The commission's digital omnibus proposes streamlining GDPR, the AI Act, the ePrivacy directive and the Data Act, easing data use for model training and reducing cookie prompts. The United States is pursuing even broader deregulatory measures through Congress and defense legislation to preserve its AI lead.
Read at www.theguardian.com
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