Meta and Spotify CEOs Critique European AI Regulations

By Jurassic JennAug 26, 2024 15:12 PMTech
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Meta and Spotify CEOs Critique European AI Regulations
Meta and Spotify. Source: 01Net

Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek have voiced concerns over Europe’s regulations regarding open-source artificial intelligence. They argue that the continent risks lagging behind due to overly complex rules.

Both leaders emphasized that Europe, having "more open-source developers than America," is in a prime position to capitalize on the open-source AI trend. However, they pointed out that the "fragmented regulatory structure," characterized by inconsistent implementation, is stifling innovation and hindering developers.

The CEOs highlighted that the tech industry in Europe faces "overlapping regulations" and a lack of clear guidance for compliance. They called for a streamlined regulatory framework to bolster not only open-source AI development but also to support European developers and the broader creative ecosystem.

In June, the Irish privacy regulator urged Meta to refrain from launching AI models in Europe for now. This was prompted after Meta was instructed to delay plans that involved using data from Facebook and Instagram users. Under the current regulations, Meta's upcoming AI model, Llama multimodal—capable of understanding images—cannot be released in Europe.

As a result, the CEOs warned that Europeans could end up with "AI built for someone else." Spotify noted its proactive investment in AI, which has successfully enhanced user experiences and contributed to the platform's success.

The CEOs remarked that laws intended to enhance European competitiveness are having the opposite effect. They advocated for "simplifying and harmonizing regulations," which would leverage the benefits of a diverse yet unified market. In conclusion, they asserted that Europe requires a new approach with clearer policies and consistent enforcement to seize a "once-in-a-generation opportunity."

Earlier, SSP reported that Microsoft expands Azure AI with two new Phi-3 models.

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