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Digital Europe Warns EU Against Overregulation in AI Bill, Citing Concerns on Compliance Costs and Innovation Impact

AI/MLDigital Europe Warns EU Against Overregulation in AI Bill, Citing Concerns on Compliance Costs and Innovation Impact

Digital Europe, a digital technology trade association, has cautioned the European Union (EU) against overregulation in its forthcoming AI bill. In a letter, the association expressed concerns about the treatment of foundation models and general-purpose artificial intelligence (GPAI), advocating for limited regulation to avoid stifling innovation by European AI startups. The letter emphasized the potential compliance costs for SMEs, estimating over €300,000 for startups. Digital Europe urged a risk-based approach, maintaining the focus on high-risk uses rather than specific technologies, and highlighted potential clashes with existing sectoral regulations. Signatories included representatives from various European digital industry organizations.

By FCCT Editorial Team freeslots dinogame telegram营销

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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