Aug 27, 06:33 AM

Silicon Valley Delays AI Products Over EU Digital Markets Act, Meta and Spotify Warn of Competitive Lag

Silicon Valley tech companies are expressing concerns over European regulations affecting artificial intelligence (AI) products. Major players like Meta and Spotify have indicated that they are delaying the rollout of certain AI products in response to the stringent rules imposed by the European Union, particularly the Digital Markets Act (DMA). Executives from these companies have warned that such regulations could hinder Europe's competitiveness in the AI sector. The criticism highlights a growing tension between U.S. tech firms and European regulatory frameworks, which are perceived as overly complex and restrictive.

#Silicon Valley #European #Meta #Spotify #European Union #Digital Markets Act #DMA #Europe

Written with ChatGPT (GPT-4o mini).

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Pinna Pierre@pierrepinna
1 year ago
Meta and Spotify CEOs criticize #AI regulation in the EU (Digital Markets Act -DMA -) https://t.co/nuYH4E5H4n via @techcrunch #Regtech #ResponsibleAI #GenerativeAI Of course, they are not opposed to regulation when it works in their favor. In May, Meta had informed its EU… https://t.co/yC2UoDtKWW
Bloomberg@business
1 year ago
Silicon Valley protests Europe’s tech rules by delaying AI products https://t.co/XD0uBTU63c via @BW
Computerworld@Computerworld
1 year ago
Facebook and Spotify warn Europe could lag in AI due to complex regulations https://t.co/AGHtmFsjDI

Silicon Valley Delays AI Products Over EU Digital Markets Act, Meta and Spotify Warn of Competitive Lag

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