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EU's AI policy will only benefit 'Big Tech', US warns | Borneo Bulletin Online

NEW YORK (BLOOMBERG) – The European Unionโ€™s proposed landmark law to regulate artificial intelligence would favour companies with the resources to cover the costs of compliance while hurting smaller firms, the US warns according to previously undisclosed documents. The US analysis focuses mostly on the European Parliament version of the AI Act, which includes rules […]
United States Aaron Cooper Antony Blinken European Parliament European Commission Us State Department

US Warns EU's Landmark AI Policy Will Only Benefit Big Tech

(Bloomberg) -- The US warned the European Union that its proposed law to regulate artificial intelligence would favor companies with the resources to cover the costs of compliance while hurting smaller firms, according to previously undisclosed documents.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpThe Moral Case for No Longer Engaging With Elon Musk’s XOzempic Is Making People Buy Less Food, Walmart SaysIt's Done. The Future Is Battery-Power...
United States Bloomberg Businessweek Iain Marlow Antony Blinken Aaron Cooper European Union
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