The EU "risks falling behind because of incoherent and complex regulation", but there's an opportunity: "open-source AI—models whose weights are released publicly with a permissive licence... ensures power isn’t concentrated among a few large players... creates a level playing field".
Europe has more open-source developers than America and so is well placed to benefit from what Meta believes to be the next source of ideas and startups, which will "drive progress and create economic opportunity and security for everyone". The problem is the EU's "fragmented regulatory structure, riddled with inconsistent implementation... [while] Regulating against known harms is necessary... pre-emptive regulation of theoretical harms for nascent technologies ... will stifle innovation".
Example: bickering amongst regulators resulted in Meta being told to "delay training its models on content shared publicly by adults on Facebook and Instagram... [so] the most powerful AI models won’t reflect the collective knowledge, culture and languages of Europe—and Europeans won’t get to use the latest AI products... laws designed to increase European sovereignty and competitiveness are achieving the opposite".
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See also: Digital Transformation , Innovation Strategy , Politics , Science&Technology
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