Vice President Vance warned European leaders that stringent regulations on artificial intelligence could stifle innovation and growth in the sector. He criticized the EU's extensive regulatory approach, claiming it imposes excessive compliance costs on smaller companies. Vance argued that AI must not serve as a tool for authoritarian censorship, emphasizing the need for a balance between safety and freedom of expression. His remarks underscore a growing geopolitical competition over AI development, as the U.S. seeks to maintain its dominance in the technology sector amid differing regulatory philosophies with Europe.
We believe that excessive regulation of the AI sector could kill a transformative industry.
It is one thing to prevent a predator from preying on a child on the internet, and it is something quite different to prevent a grown man or woman from accessing an opinion that the government thinks is misinformation.
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