Why balancing Europe’s AI regulations is a difficult juggling act for start-ups

In this article:  

• Regulation in Europe has become a sticking point, especially when it comes to artificial intelligence (AI). 

• “We all struggle with high interest rates and slowing economies, but the specific challenges Europeans face is a lot of the government rules discourage innovation,” Gary Shapiro, president of the US-based Consumer Technology Association, which hosts CES, told Euronews Next.

• While he welcomed Europe’s rules such as the General Data Protection Regulation (GDPR), he said there is concern in the US that other regulations, particularly pertaining to AI, make it “harder for small companies to start a business”.