Major tech founders, CEOs, VCs and industry giants across Europe have signed an open letter to the EU Commission, warning that Europe could miss out on the generative AI revolution if the EU passes laws stifling innovation.
Executives from 150 businesses, including Germany’s Siemens and France’s Airbus, highlighted the risks of tight regulation, saying the rules could threaten the ability of European companies to compete in AI, while also failing to deal with the potential challenges.
The open letter (reproduced below) states that AI offers the “chance to rejoin the technological avant-garde” but that current regulatory proposals at the …
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