PYMNTS.com October 3, 2023
A top European Union official is warning against letting “dystopian” fears govern artificial intelligence (AI) rulemaking.
Věra Jourová, the European Commission’s vice president for values and transparency, said in an interview with the Financial Times (FT) Tuesday (Oct. 3) that paranoia in AI regulation could stifle innovation.
“There should not be paranoia in assessing the risks of AI,” said Jourová, who the FT noted is one of two commissioners overseeing the launch of the EU’s AI Act. “It always has to be a solid analysis of the possible risks.”
She added: “We should not mark as high-risk things which do not seem to be high-risk at the moment. There should be a dynamic process where, when we see technologies being...
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