Post Thumbnail

Google and meta criticize excessive AI regulation in Europe

Google and Meta executives sharply criticized the European approach to artificial intelligence regulation at the Techarena technology conference in Stockholm, stating that excessive restrictions are hindering AI industry development in the region.

“There is now a broad consensus that European technology regulation has its problems: sometimes it’s too fragmented, like GDPR, sometimes it goes too far, like the AI Act,” said Chris Yiu, Meta’s Director of Public Policy, speaking to an audience of technology entrepreneurs and investors.

According to Yiu, the end result of this approach is delayed product releases or significant simplification, which hurts European consumers. As an example, he demonstrated the Ray-Ban Meta glasses with AI features that can translate speech from one language to another and describe images for people with visual impairments. The company only began implementing AI features for these glasses in some European countries in November due to the need to comply with Europe’s “complex regulatory system.”

“This is a profound and very human application of technology that is slowly coming to Europe due to regulatory issues,” Yiu emphasized.
The tech giants’ statements reinforce Donald Trump’s administration’s rhetoric that strict EU tech rules stifle innovation. Experts note growing tension between European regulators’ desire to ensure safe AI technology development and technology companies’ wish to bring innovative products to market faster.

Criticism from leading technology companies may signal the need to reconsider the balance between consumer rights protection and innovation support in European legislation, especially in the context of global competition in artificial intelligence.

Autor: AIvengo
For 5 years I have been working with machine learning and artificial intelligence. And this field never ceases to amaze, inspire and interest me.
Latest News
AI chatbots generate content that exacerbates eating disorders

A joint study by Stanford University and the Center for Democracy and Technology showed a disturbing picture. Chatbots with artificial intelligence pose a serious risk to people with eating disorders. Scientists warn that neural networks hand out harmful advice about diets. They suggest ways to hide the disorder and generate "inspiring weight loss content" that worsens the problem.

OpenAGI released the Lux model that overtakes Google and OpenAI

Startup OpenAGI released the Lux model for computer control and claims this is a breakthrough. According to benchmarks, the model overtakes analogues from Google, OpenAI and Anthropic by a whole generation. Moreover, it works faster. About 1 second per step instead of 3 seconds for competitors. And 10 times cheaper in cost per processing 1 token.

Altman declared red alert at OpenAI due to Google's successes

Sam Altman declared "red alert level" at OpenAI, and this is not just corporate drama. This is an admission that the market leader felt competitors breathing down their neck. According to an internal memo, he is mobilizing additional resources to improve ChatGPT amid growing threats from Google.

Users spend more time with Gemini than with ChatGPT

OpenAI still leads in user numbers, but people are starting to spend more time with competitors. And this creates a serious problem.

Companies are bringing back 5% of those fired due to AI implementation failure

Many companies began bringing back employees fired because of artificial intelligence. Analytics company Visier studied employment data of 2.5 million employees from 142 companies worldwide. About 5% of fired employees subsequently returned to their previous employer. This indicator remained stable for several years, but recently began to rise.