At the AI Action Summit, key European politicians pledged to reduce regulatory barriers to promote AI development, echoing the U.S.’s more relaxed stance. This follows previous summits focused on AI safety and international cooperation, raising concerns among civil society that the recent summit favors innovation over safety. U.S. Vice President JD Vance articulated the need for international regulatory regimes that support AI technology, as there are fears of diverging regulations between major nations. Industry leaders echoed this sentiment, emphasizing the importance of innovation.
US vice-president JD Vance expressed that excessive regulation could hinder the AI sector while urging Europe to see AI's potential positively over restrictions.
Concerns from civil society arose over the shift from emphasizing safety to prioritizing innovation at the AI Action Summit, suggesting a risk to governance.
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