Facebook and Spotify warn Europe could lag in AI due to complex regulations

In this article:

• In a stark warning to policymakers, Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek have emphasized that Europe could fall behind in the global race for AI leadership due to its fragmented and inconsistent regulatory landscape. 

• “With more open-source developers than America has, Europe is particularly well placed to make the most of this open-source AI wave,” Zuckerberg and Ek said in a joint statement.  

• “Yet its fragmented regulatory structure, riddled with inconsistent implementation, is hampering innovation and holding back developers.”