Stockholm – Managers of American technology giants Google And Meta said that the Europe’s artificial intelligence industry is retained by excessive regulation, adding to the rhetoric of Donald Trump’s administration that the region’s strict technological rules are stifling innovation.
Speaking during the Techarena Tech conference in Stockholm, Sweden, the public policy leaders of Google and Meta used the scene as a platform to express their concerns concerning the strict approach of the block to regulate technologies such as AI and automatic learning.
“I think there is now a broad consensus on the fact that European regulations around technology have its problems, and sometimes it is too fragmented, like the GDPR [General Data Protection Regulation]Sometimes it goes too far, like the AI Act, “a hearing of founders and investors of Techarena de Meta technology said on Thursday.
“But the net profit of all this is that the products are delayed or is watered down and that European citizens and consumers suffer,” he said.
Yiu released a pair of recently launched Ray-Ban brand glasses, which use AI to translate the word from one language to another or describe images for the visually impaired.
“This is a deep and very human application of technology, and it is slow to arrive in Europe due to the problems we have around regulations,” said Yiu.
Meta did not start to deploy characteristics of AI for its Ray-Ban meta-lunes in certain European countries in November, after a delay that the company claimed by the need to achieve respect for the “complex regulatory system »From Europe.
Meta previously expressed its concerns about its ability to comply with the AI Act, an EU historic law which establishes a legal and regulatory framework for technology, signaling “unpredictable” implementation was a question central.
The company also said that the GDPR – the EU data confidentiality framework introduced in 2018 – has maintained the launch of its glasses in EU countries due to the problems surrounding by Meta data from data Instagram and Facebook users to train its AI models.
Dorothy Chou, head of the Google Deepmind public policy, said that a key problem with the approach of Europe to regulate artificial intelligence technology was that the AI law had been designed before even The pussy is out.
The AI Act was presented for the first time by the European Commission, the EU executive body in April 2021. Openai launched Chatgpt in November 2022.
“There is a way to use a policy to create a better investment environment when it is done in a way that promotes business,” said Chou, referring to the American law on the reduction of inflation as An example of a policy that has led to advantages, such as subsidies to electric vehicles.
“I think what is difficult is when you regulate on a time scale that does not correspond to technology,” added Chou. “I think what we have to do is both regulating to ensure that there is a responsible application of technology, while ensuring that the industry thrives it in all good ways.”
Big Tech increases the
Large technological companies have generally increased their rhetoric against the EU approach to technological regulations and Accelerate lobbying efforts In an attempt to soften the aspects of the AI Act.
Kent Walker, Google World Affairs President, told Politico last month that the EU code of practice for AI models for general use (GPAI) – which refers to systems like the GPT D family ‘Openai of large tongue models, or llms – was a “step the wrong direction.”
The EU IA office, a new body of supervision of the body under the AI Act, published a second roll practice code for GPAI systems in December.
Earlier this month, Joel Kaplan, the new Meta World Affairs Director, suggested in a live interview during an event in Brussels that the technology giant was not part of the code in its current form .
The rules, he said, go “beyond the requirements” of the AI Act and impose “inaccessible and technically unrealizable” requirements.
The pleads of technology giants for softer technological regulations have been embarked in recent times by the new administration of President Donald Trump.
At the International Summit of Action of AI in Paris last week, the American vice-president JD Vance castigated Europe to be too focused on the regulation of artificial intelligence rather than on the growth potential Technology.
Harmonize EU rules for startups
Big Tech was not the only one to call for a more simplified regulatory scheme for technological companies operating in Europe.
Several venture capital investigating in European technological startups have also criticized complex charges of regulatory compliance on their portfolio companies.
Antoine Moyroud, partner of Lightspeed Venture Partners, said the United States has advanced initiatives such as the Stargate investment project of $ 500 billion This strikes a message “full of hope” around AI, “the story of Europe tends to be more” dramatic “.
The region must begin to think “beyond the GDPR, beyond the AI AI law” and the production of technological success stories to encourage people to “excite” the promise of technology.
Lightpeed is investors in the French AI unicorn Mistral, which is often presented as the main competitor in Europe in Openai.
Last year, technological entrepreneurs in the region proposed a new initiative to combat fragmented market regulations in the 27 -member block Establish a so-called “28th diet”. These legal frameworks proposed within the EU offer companies an alternative to the national rules of the Member States, rather than replacing them.
For example, there is a European law on societies under the 28th regime which makes it possible to create companies with public limited liability in the EU.
The CEO of Stripe, Patrick Collison and the co-founder of Wise, Taavet Hinrikus, are among the founders of Startup who seek to create a new entity under the 28th regime, called “Eu Inc.”
“Europe is a fragmented place, and what you want to do is [to] Be able to hire through any country, “Luke Pappas, a partner based in London for the Capital-Risque Nea company, told CNBC in an interview on the touch of Techarena.
According to Pappas, a key problem to attract talent in this way is that “the capital delivery process in Europe is currently not very easy”.
“If we can normalize equity, for example, this will help considerably,” he added.
