CEOs from a variety of industries, including tech, aerospace, and retail, are advocating for a two-year pause on the EU AI Act to address potential issues with the law. They emphasize the need to avoid unclear and complex EU regulations hindering innovation. Support from North American entities adds weight to their call, with the Finnish European Commissioner indicating a willingness to temporarily set aside portions of the law if needed. The push for limited restrictions on AI innovation follows previous contrasting calls for pausing advances in AI systems.
Dozens of CEOs have called on the European Commission to pause the EU AI Act, urging a two-year 'clock stop' to address potential problems with the law.
The appeal features support from major tech companies, aircraft manufacturers, and smaller AI players, aiming to ensure that complex EU regulations do not hinder innovation.
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