U.S. Vice President JD Vance cautioned global leaders at a Paris AI summit against overregulating the rapidly developing industry, asserting that it could stifle innovation. Vance advocated for American AI systems free from ideological bias and emphasized the U.S. commitment to free speech. His remarks highlighted contrasting approaches to AI governance between the U.S. and its European allies, who emphasize regulation and ethical considerations.
PARIS — U.S. Vice President JD Vance on Tuesday warned global leaders and tech industry executives that “excessive regulation” in the artificial intelligence industry will kill the rapidly growing industry just as it’s taking off.
“Now, at this moment, we face the extraordinary prospect of a new industrial revolution, one on par with the invention of the steam engine,″ Vance said. ’’But it will never come to pass. If overregulation deters innovators from taking the risks necessary to advance the ball.″ She mentioned EU guidelines intended to standardize how the bloc's AI Act is applied across the 27-nation bloc. “At the same time, I know that we have to make it easier and we have to cut red tape and we will,” she added.
Among the high-profile attendees is Chinese Vice Premier Zhang Guoqing, special envoy of Xi Jinping, reflecting Beijing’s interest in shaping global AI standards. Beyond diplomatic tensions, a global public-private partnership is being launched called “Current AI,” aimed at supporting large-scale AI initiatives for the public good.
French President Emmanuel Macron, addressing the energy demands of AI, contrasted France’s nuclear-powered approach with the U.S.‘s reliance on fossil fuels, quipping: France won't “drill, baby, drill,” but"plug, baby, plug.”
Politics ARTIFICIAL INTELLIGENCE REGULATION TECH INDUSTRY UNITED STATES EUROPE
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