Bosch CEO Stefan Hartung expresses concern over the potential loss of Europe's AI leadership due to excessive legislation, noting that unclear regulations hinder progress. Bosch plans a €2.5 billion investment in AI by 2027, focusing on autonomous driving and more efficient industries. Hartung emphasizes the need for a streamlined regulatory framework that promotes innovation rather than stifles it, pointing out the challenges posed by bureaucratic overreach. He explains that European competitors like the US are advancing rapidly, which pressures Europe to adapt or risk falling behind.
Europe is unnecessarily delaying its AI future with excessive regulation. We will regulate ourselves to death, trying to regulate against technological progress.
Bosch plans to invest an additional €2.5 billion in artificial intelligence by the end of 2027 to enhance autonomous driving and industrial systems.
Collection
[
|
...
]