“New AI regulation threatens to hamper innovation within the EU”

Artificial intelligence and automation

New EU AI legislation, which divides AI services into different levels of risk, could prevent innovation within the EU, writes Karl Sigrid on the editorial page of SvD.

This regulation is similar to previous regulations such as the General Data Protection Regulation (GDPR), as Europe attempts to assert itself globally through legislation rather than technological development.

This regulation may affect Sweden's work to streamline public processes and cause problems for new digital services that use automatic processing.

In addition, new rules and the creation of a new AI regulatory body in the EU may limit opportunities for startups in Europe, especially for those who want to experiment with AI. This could lead to young entrepreneurs and innovators moving their businesses outside the EU to avoid these regulations.

“Open AI and Google can afford to pay lawyers who analyze how to adapt services already developed for EU markets. It's even worse for a recent KTH graduate who wants to try out AI, and try out ideas that might lay the foundation for tomorrow's technology. Giant.”

Svenska Dagbladet: The European Union has its hands on innovation