The contribution led by META: US companies do not want to implement Maria Gramsch’s implementation of Maria Gramsch first appeared on Basic Thinking. You always stay up to date with our newsletter.
US companies from the EU regulations AI Act and DMA have announced the fight from the Silicon Valley. The US companies are led by Facebook Group Meta. Can the EU withstand pressure?
US Vice President JD Vance recently criticized the EU specifications in the tech sector when visiting Europe. The EU had created “annoying international” regulations with its regulations. Among other things, he also called for AI regulation that “does not strange” the rapidly developing sector.
With this backing by the Trump government, the tech giants from the Silicon Valley are now trying to soften the EU regulations in the technology sector. They are led by Facebook mother Meta, as the Financial Times reported.
What do US companies want to achieve in terms of AI Act and DMA?
Led by Facebook Group Meta, the US companies from the Silicon Valley have taken on the EU’s AI regulation this year. The so -called AI Act is considered the world’s strictest regulation for the area of artificial intelligence. With the support of the Trump government, Meta and Co. hope to be able to successfully water the regulation.
The Digital Markets Act (DMA), which is intended to contain market control of tech giants in the EU, is also the focus of the corporations. The US corporations try to proceed with the support of the Trump government against what they think are hostile to the European Union.
The EU, on the other hand, tries to assert itself against the pressure by the US companies when it comes to AI Act and DMA. Henna Virkkuns, chief technology chief of the EU Commission, sees the European Union well positioned. Opposite the Financial Times said Virkkuns that the EU was “fully and completely determined to enforce our rules”.
Can the EU keep against it?
It is questionable whether the EU can actually withstand the pressure from the ranks of the US tech giants. Because at the beginning of the month, the European Commission withdrawn its planned AI liability guideline. This should actually ensure that tech companies have to pay for damage caused by their AI tools.
According to Virkkuns, this decision was made to boost investments in the AI area. But the pressure from US companies also played in here.
Confrontations with the tech companies from the United States could have far-reaching and security-political effects, Giorgos Verdi from the European Council for Foreign Relationships with Financial Times. This is also the reason why many European heads of state and government are deliberately behaving in this regard.
This in turn could “encourage Trump and his allies from the tech industry”. Because the “inactivity” could be seen “as a sign of weakness”.
Virkkuns holds against it and explains that the tech lobby from the USA cannot change the rules. The US companies should not forget that “the European Union is one of the largest markets for Big Tech”.
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The contribution led by META: US companies do not want to implement Maria Gramsch’s implementation of Maria Gramsch first appeared on Basic Thinking. Follow us too Google News and Flipboard.
As a tech industry expert, I understand the hesitation of US companies to implement the AI Act and DMA in the EU. These regulations place significant restrictions on how companies can use artificial intelligence and how they can operate in digital markets, which can be seen as a barrier to innovation and growth.
However, it is important for companies to recognize the importance of these regulations in protecting consumer privacy and promoting fair competition in the digital marketplace. By adhering to these regulations, companies can build trust with consumers and demonstrate a commitment to ethical and responsible use of technology.
Ultimately, US companies should view these regulations as an opportunity to lead by example and set a high standard for ethical AI and digital market practices. By embracing these regulations, companies can position themselves as responsible global citizens and build a strong reputation for ethical business practices in the tech industry.
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