Vance Rails Against 'Excessive Regulation' of AI at Paris Summit
Excessive regulation could cripple the rapidly growing artificial intelligence industry in a rebuke to European efforts to curb AI's risks, Vice President J.D. Vance warned Tuesday.
Vice President J.D. Vance on Tuesday warned global leaders and tech industry executives that "excessive regulation" could cripple the rapidly growing artificial intelligence industry in a rebuke to European efforts to curb AI's risks.
The speech underscored a widening, three-way rift over AI.
The United States, under President Donald Trump, champions a hands-off approach to fuel innovation, while Europe is tightening the reins with strict regulations to ensure safety and accountability. Meanwhile, China is rapidly expanding AI through state-backed tech giants, vying for dominance in the global race.