Vice President JD Vance warned Tuesday that “excessive regulation” would kill the rapidly growing artificial intelligence industry.
In a speech at the Paris AI Action Summit, Vance challenged Europe’s regulatory stance on artificial intelligence and content moderation on Big Tech platforms, highlighting a growing divide between the United States, its allies and China on AI governance.
“We need international regulatory regimes that foster the creation of AI technology, rather than strangles it,” Vance said to an audience that included Canadian Prime Minister Justin Trudeau and JPMorgan Chase CEO Jamie Dimon.
“We need our European friends in particular to look to this new frontier with optimism rather than trepidation,” he added.
Why It Matters
The summit has attracted world leaders, top tech executives and policymakers to discuss AI’s impact on security, …