Daniel Ek, CEO of Spotify, and Mark Zuckerberg, CEO of Meta, have criticized the regulations imposed on artificial intelligence (AI) in Europe. They claim that these complex regulations may risk the continent’s progress in this space.
In a joint statement issued last week, the CEOs stated that Europe was well placed to capitalize on the open-source artificial intelligence wave given that it had more open-source developers than the United States. Despite this, the statement continued, Europe’s regulatory structure was holding back developers and hindering innovation.
The executives explained that the continent’s tech industry was dealing with overlapping rules and conflicting guidance on how to comply with those rules, noting that rules that had been designed to increase competitiveness and sovereignty in Europe were achieving the opposite.
Instead, the statement noted, the continent needed to be harmonizing and simplifying laws by leveraging the benefits of a diverse market. To help with this, the CEOs suggested that a streamlined regulatory framework be developed and implemented. This, they said, would offer support to developers in Europe while accelerating the growth of open-source artificial intelligence.
In June, the Irish Data Protection Commission requested Meta to delay plans of harnessing data from users of Instagram and Facebook. This was prompted by a call by NOYB-European Center for Digital Rights, as well as other numerous complaints to data protection authorities in Belgium, Austria, Germany, France, Italy, Greece, the Netherlands, Ireland, Poland, Norway and Spain to obstruct the company’s efforts. NOYB focuses on privacy violations and issues in the private sector.
The issue, according to these privacy authorities, is that Meta plans to use personal data to train its AI models without obtaining consent. This is despite the fact that the company has issued a statement that it would use licensed online and publicly available information.
This, in turn, forced Meta to delay the launch of its artificial intelligence models in Europe. In an updated blog post, Meta noted that it was disappointed by the Irish Data Protection Commission’s request, made on behalf of data protection authorities in Europe. This delay means that consumers in Europe won’t have access to models such as Llama multimodal, which has been designed to understand images.
On its part, Spotify disclosed that its early investment in artificial intelligence to develop personalized experiences for users had greatly contributed to its success. In their conclusion, the CEOs emphasized that Europe needed a new approach with consistent enforcement and clear policies to ensure it didn’t miss this huge opportunity.
As these discussions about the best way to regulate AI in different jurisdictions contine, some companies, such as D-Wave Quantum Inc. (NYSE: QBTS), continue to take AI and quantum computing to new levels aimed at ethically addressing the different computing needs of businesses in various industries. Hopefully, the laws passed for this sector help to drive additional innovation in the industry.
NOTE TO INVESTORS: The latest news and updates relating to D-Wave Quantum Inc. (NYSE: QBTS) are available in the company’s newsroom at https://ibn.fm/QBTS
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