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A global race to regulate AI has put the industry on the defensive — EU official was bombarded by text messages and emails from lobbyists and industry groups parroting the talking points of tech companies
The U.S., China, and Europe have very different ideas about the role that artificial intelligence should play in business and society.
Countries are weighing the protection of their citizens from dangers like privacy violations, bioweapons, and large-scale cyberattacks against a desire to become leaders in the technology in order to boost their economies and their militaries in the all-important global arms race. But in today’s deeply divided world, that’s “a daunting challenge,” says Chris Meserole, executive director of the Frontier Model Forum, an industry group created in January by OpenAI, Microsoft, Google, and emerging AI powerhouse Anthropic, to push for favorable laws. When skeptical journalists asked why Big Tech would listen to lawmakers 5,000 miles away, Vestager said bluntly, “If there is not compliance, we stand ready to open noncompliance cases,” adding that under the AI Act, EU countries could fine errant businesses up to $30 million or between 2% and 6% of their global revenues, or order them to break up their vastly powerful companies.
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