Vance Warns of 'Excesive Regulation' Threatening AI Boom

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Vance Warns of 'Excesive Regulation' Threatening AI Boom
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Vice President JD Vance cautioned against overregulation at the Paris AI Action Summit, stressing the need for international frameworks that foster AI development rather than stifle it. His speech highlighted the growing divide between the U.S., its allies, and China on AI governance.

Vice President JD Vance warned Tuesday that 'excessive regulation' would kill the rapidly growing artificial intelligence industry.In a speech at the Paris AI Action Summit, Vance challenged Europe 's regulatory stance on artificial intelligence and content moderation on Big Tech platforms, highlighting a growing divide between the United States, its allies and China on AI governance.

would block such efforts and 'safeguard American AI tech from theft and misuse.'The private sector is also witnessing escalating competition over AI dominance. A group of investors led by Musk—who heads Trump's Department of Government Efficiency —has made a $97.4 billion bid to acquire the nonprofit behind OpenAI. The company's CEO, Sam Altman, attending the summit, rejected the offer in a post on X.Meanwhile, China has condemned Western efforts to restrict access to AI tools.

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