Vice President JD Vance cautioned global leaders against excessive regulation of artificial intelligence, arguing it may hinder innovation and progress in the sector. His comments come amidst a broader divide between the U.S., which promotes a less regulated environment for AI growth, and Europe's push for stricter oversight to ensure AI safety. Vance's speech at the AI summit emphasized the need for a balanced approach, projecting an economic revolution similar to the steam engine era, while also contrasting U.S. policies with other nations, notably China, which aims to lead in AI development despite previous criticisms.
At this moment, we face the extraordinary prospect of a new industrial revolution, one on par with the invention of the steam engine. But it will never come to pass if overregulation deters innovators from taking the risks necessary to advance the ball.
The U.S. was noticeably absent from a joint statement signed by more than 60 nations, pledging to promote AI accessibility to reduce digital divides and ensure AI is open, inclusive, transparent, ethical, safe, secure and trustworthy.
Collection
[
|
...
]