French President Emmanuel Macron has warned that the new European Union (EU) artificial intelligence (AI) bill will stifle innovation. His comments come shortly after reports on how previous attempts by France to court innovation through Binance allegedly harmed certain members of the French population.

Emmanuel Macron has argued that the new AI rules, agreed to in principle last week by EU lawmakers, will regulate French AI innovators out of existence. Companies like Mistral, a Paris AI startup, may become one of the victims of an overly-enthusiastic regulatory regime that will leave France behind.

French AI Caught Between US and China

Macron and leaders from Germany and Italy plan to oppose the passage of the new bill in the weeks ahead. The rules prohibit using AI to create social scores based on peoples’ appearances or behavior. They also impose transparency requirements on artificial intelligence frameworks like OpenAI’s latest Generative Pre-Trained Transformer model.

EU AI Risk Categories
EU AI Risk Categories | Source: EY

The bill has received pushback from industry groups like DigitalEurope for making compliance expensive. Cecilia Bonefield-Dahl, a senior official, said companies may spend more on legal costs than key employees.

But France has had runs-in with human rights organizations opposing the Go to Source to See Full Article
Author: David Thomas

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