Sweden's Prime Minister says Europe risks becoming a "museum" if it doesn't ease restrictions on AI
Swedish Prime Minister Ulf Kristersson believes that Europe should innovate in AI and deregulate artificial intelligence.
Swedish Prime Minister Ulf Kristersson believes that Europe should innovate in AI and deregulate artificial intelligence.
«I think we really need to step up in Europe… the American economy, the Chinese economy have been growing much faster than European economies over the last 20 years. If we don’t change that, Europe will actually become some kind of museum compared to other parts of the world,» the prime minister told attendees at the Techarena event in Stockholm, CNBC reports .
Kristersson stressed that for Europe to be able to compete in the new geopolitical context, less regulation is needed, which means «greater access to capital and talent.»
The issue of action on artificial intelligence has been raised by government officials in various countries before. In particular, last week at the Paris Summit:
- French President Emmanuel Macron announced an investment of 109 billion euros ($113.7 billion) in artificial intelligence, which includes commitments from foreign investors such as the United Arab Emirates, American and Canadian investment funds, as well as domestic companies such as Iliad, Orange and Thales.
- European Commission President Ursula von der Leyen also said that the EU will mobilize a total of 200 billion euros ($208.6 billion) for investment in AI in Europe.
US Vice President J.D. Vance said officials on the continent have focused too much on regulating artificial intelligence instead of harnessing its growth potential, and suggested Europe should be more welcoming of the technology than it has been so far.
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