Artificial Intelligence: Siemens boss warns against too much regulation of AI
Group CEO Roland Busch is convinced of the positive effects of artificial intelligence. He warns against too many regulations from Brussels in the race for a leading role in AI technology.
Siemens CEO Roland Busch is calling on the EU to speed up the approval of new technologies based on Artificial Intelligence (AI). He warns that regulation must not slow down the development of AI technology. Busch criticizes the lengthy process of passing regulations like the AI Act or Data Act, which can take around two years, while AI models can advance six or eight times during that period.
He also opposes comprehensive EU tariffs against China, saying that Europe's trade problems with China are not solely due to unfair trade practices, but rather to China's highly competitive companies with strong engineers and innovative products.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
