Technology industry body DigitalEurope called on the European Union (EU) to avoid over-regulating AI foundation models and create a situation that would force start-ups to leave the region, as the bloc enters final negotiations over crucial laws to govern the sector.
DigitalEurope issued an open letter, signed by 32 of the continent’s digital associations, explaining that only 8 per cent of companies in Europe currently use AI, significantly far from a European Commission target for 75 per cent by 2030.
In addition, it stated just 3 per cent of the world’s “AI unicorns” came from the EU, warning the continent’s competitiveness and financial stability depends on the ability of companies to deploy AI in areas such as green tech, health, manufacturing or energy.
To that end, it wants the EU’s upcoming AI Act, which is now the subject of final negotiations between lawmakers and member states, to “give AI in Europe a fighting chance” by not imposing excessive red tape on areas such as foundation models and general purpose AI (GPAI).
“For Europe to become a global digital powerhouse, we need companies that can lead on AI innovation also using foundation models and GPAI.”
The letter continued: “As European digital industry representatives, we see a huge opportunity in foundation models, and new innovative players emerging in this space, many of them born here in Europe. Let’s not regulate them out of existence before they get a chance to scale, or force them to leave.”
As part of a list of recommendations, signatories backed a joint proposal from France, Germany and Italy to limit the scope of AI rules for foundation models to certain transparency standards. DigitalEurope argued the AI Act did not need to regulate every new technology, and it supported an approach that focused on high-risk uses.
The letter also raised concerns that the AI Act, given its broad scope, could overlap with rules in other sectors such as healthcare.
The post Digital groups urge EU to give AI a fighting chance appeared first on Mobile World Live.
Commercials Cooperation Advertisements:
(1) IT Teacher IT Freelance

立刻註冊及報名電腦補習課程吧!
电子计算机 -教育 -IT 電腦班” ( IT電腦補習 ) 提供一個方便的电子计算机 教育平台, 為大家配對信息技术, 電腦 老師, IT freelance 和 programming expert. 讓大家方便地就能找到合適的電腦補習, 電腦班, 家教, 私人老師.
We are a education and information platform which you can find a IT private tutorial teacher or freelance.
Also we provide different information about information technology, Computer, programming, mobile, Android, apple, game, movie, anime, animation…
(2) ITSec
www.ITSeceu.uk
Secure Your Computers from Cyber Threats and mitigate risks with professional services to defend Hackers.
ITSec provide IT Security and Compliance Services, including IT Compliance Services, Risk Assessment, IT Audit, Security Assessment and Audit, ISO 27001 Consulting and Certification, GDPR Compliance Services, Privacy Impact Assessment (PIA), Penetration test, Ethical Hacking, Vulnerabilities scan, IT Consulting, Data Privacy Consulting, Data Protection Services, Information Security Consulting, Cyber Security Consulting, Network Security Audit, Security Awareness Training.
Contact us right away.
Email (Prefer using email to contact us):
SalesExecutive@ITSec.vip