CNBC February 21, 2025
Key Points
– Speaking at the Techarena tech conference in Stockholm, public policy chiefs at Google and Meta voiced concerns about the European Union’s strict approach to regulating artificial intelligence.
– Chris Yiu, Meta’s director of public policy, said the tech giant was slow to rolling out its Ray-Ban branded AI glasses in Europe due to issues around regulation.
– Dorothy Chou, DeepMind’s head of public policy, said a key problem with current AI regulation is that it was introduced before OpenAI’s ChatGPT had even come out.
STOCKHOLM — Executives at U.S. tech giants Google and Meta said that Europe’s artificial intelligence industry is being held back by excessive regulation, adding to rhetoric from Donald Trump’s administration that the region’s...