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Otherwise, the EU’s aspirations in AI will be jeopardized, as stated in a letter to the president of the EC, signed by over 45 entities. The signatories believe that the method for overseeing the industry ought to be more “innovation-friendly.”
The letter states that “this postponement, along with the pledge to focus on quality regulation rather than haste, will convey a strong message to innovators and investors that Europe is committed to its goals of simplification and competitiveness.”
The AI legislation was passed in 2024, with a notable portion set to take effect in August. It encompasses actions to avert the abuse of AI, such as mandating developers to disclose details on the training of AI models and to establish policies for adhering to copyright regulations.
source: reuters.com
The letter states that “this postponement, along with the pledge to focus on quality regulation rather than haste, will convey a strong message to innovators and investors that Europe is committed to its goals of simplification and competitiveness.”
The AI legislation was passed in 2024, with a notable portion set to take effect in August. It encompasses actions to avert the abuse of AI, such as mandating developers to disclose details on the training of AI models and to establish policies for adhering to copyright regulations.
source: reuters.com