JD Vance rails against 'excessive regulation' of AI at Paris summit in rebuke to European efforts https://www.taxtmi.com/news?id=33641 The US advocates a permissive, market driven AI policy, warning that excessive regulation would stifle innovation, while Europe seeks standardised safety and accountability through regulatory frameworks and coordinated investment. The summit exposed a three way strategic split among the US, Europe and China, and featured announcements of major European AI investments and a public private partnership for public good AI, occurring alongside private sector transactions and diplomatic tensions over AI governance. en-us Tue, 11 Feb 2025 18:01:03 +0530 Tue, 11 Feb 2025 18:01:03 +0530 TaxTMI RSS Generator JD Vance rails against 'excessive regulation' of AI at Paris summit in rebuke to European efforts https://www.taxtmi.com/news?id=33641 The US advocates a permissive, market driven AI policy, warning that excessive regulation would stifle innovation, while Europe seeks standardised safety and accountability through regulatory frameworks and coordinated investment. The summit exposed a three way strategic split among the US, Europe and China, and featured announcements of major European AI investments and a public private partnership for public good AI, occurring alongside private sector transactions and diplomatic tensions over AI governance. News - Tue, 11 Feb 2025 18:01:03 +0530 https://www.taxtmi.com/news?id=33641