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EU tech coalition warns of over-regulating AI before EU AI Act finalization

Published 11/24/2023, 04:34 AM
Updated 11/25/2023, 09:40 AM

A group of businesses and tech companies have issued a joint letter to European Union regulators warning against over-policing powerful artificial intelligence (AI) systems at the expense of innovation.

The letter, which was sent on Nov. 23 and undersigned by 33 companies working in the EU, stresses that too-stringent regulations for foundation models like OpenAI’s ChatGPT and general-purpose AI (GPAI) could drive necessary innovation from the region.

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