The US and UK have opted out of signing the Paris AI summit's declaration aimed at promoting inclusive and sustainable AI, disappointing hopes for unified international regulation. Reasons for their refusal remain unclear, although US Vice-President JD Vance criticized Europe's regulatory approach during the summit. He argued that excessive regulation could stifle innovation while emphasizing the need for global frameworks that encourage technological advancement. The summit was attended by numerous nations globally, indicating a contrasting approach to AI governance between the US/UK and other countries.
We need international regulatory regimes that foster the creation of AI technology rather than strangles it, and we need our European friends, in particular, to look to this new frontier with optimism rather than trepidation.
Excessive regulation of the AI sector could kill a transformative industry. The DSA's regulatory measures could stifle innovation and hinder the progress we seek to achieve in AI.
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