At a Paris summit on AI, US Vice President JD Vance cautioned global leaders against excessive regulation of artificial intelligence, emphasizing that it could stifle a crucial sector just as it begins to flourish. He criticized partnering with authoritarian regimes like China, stating it compromises national integrity and safety. While the US aims for a more liberal approach to AI regulation, Europe announced a significant investment to reinforce its AI initiatives. The summit featured influential leaders discussing the competitive landscape of global AI standards alongside rising Chinese influence.
Vance warned that excessive regulation could kill a transformative sector just as it's taking off, cautioning against tightening governmental grip on AI.
He cautioned global leaders against making AI deals with authoritarian regimes, stating that such partnerships chain nations to an 'authoritarian master'.
Vance emphasized that AI systems developed in America will be free from ideological bias, ensuring that citizens' rights to free speech are never restricted.
European Commission President Ursula von der Leyen announced an additional 50 billion euros to further bolster the EU's ambition in AI development.
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