Big Tech criticises EU’s AI regulation – is it justified?

Silicon Republic September 20, 2024
Leigh Mc Gowran

An open letter from various tech companies says the EU should reassert the ‘harmonisation enshrined in regulatory frameworks like the GDPR’, but many recent AI issues for these companies stem from GDPR itself.

Big Tech companies are pushing the fear factor onto EU policymakers, warning that its “fragmented” regulation around AI could hamper innovation and progress.

An open letter signed by various Big Tech leaders – including Patrick Collison and Meta’s Mark Zuckerberg – claims Europe is becoming less competitive and innovative than other regions due to “inconsistent regulatory decision-making”.

This letter follows a report from former Italian prime minister Mario Draghi, which called for an annual spending boost of €800bn to prevent a “slow and agonising decline” economically.

But...

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