Categories: Techno

The EU softened AI regulation to stimulate investment

< IMG SRC = "/Uploads/Blogs/C4/30/IB-FQ8U3KCF5_60808082A5.PNG" Alt = "EU softened AI to stimulate investments"/> ~ ~ ~ ~ ~ ~ < P > The European Union changes its approach to regulating artificial intelligence to stimulate technology development and attract more investments in this area, & nbsp; nbsp; nbsp; nbsp; Financial Times.

~ < p >< strng > that changes ?0 ~/p > < Ul > < Ul > < li > The planned Directive for liability for si

is canceled < li > simplify reporting requirements within the Act of ш < Li > New Code of Practice on AI, which with & Rsquo; appears in April, will reduce the bureaucratic load on the company ~

< p >The Executive Vice President of the European Commission on Digital Policy Henna Virkcunen stated that the EU seeks to support business in compliance with rules without unnecessary bureaucracy. & laquo; we do not want to impose additional obligations on the company & Rsquo; reporting & raquo ;, & ndash; She noted.

< P > Technological companies, including Google and Meta, have repeatedly expressed concern about regulatory pressure. Leading lobbyist Meta & nbsp; < strong > Joel Kaplan & nbsp; nbsp; nbsp; in Brussels, the new Code could impose & laquo;

< P > EU will maintain tight control over the most powerful AI models such as GPT-4 from Openai and Gemini from Google, which fall under additional transparency requirements.

~ ~ < P > The simplification of regulation coincided with tensions in relations between the EU and the US. President Donald Trump Administration has repeatedly criticized the penalties imposed on US companies, and Vice president Jay Di Vation during the AI ​​Summit in Paris called European rules & laquo; burdensome & raquo;.

< P > However, Virkcunen stressed that changes in regulations & ndash; This is an internal EU solution, not a reaction to US pressure. & laquo; this is a matter of our own desire to increase competitiveness & raquo ;, & ndash; She stressed.

< P > EU will continue to control the activity of online platform and ensure compliance with the rules as Europe remains a key market for technological corporations.

~

Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

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