Vestager sees political agreement on "pro-innovation" AI Act this year

02/05/2023 | Reuters

At a press conference after a Group of Seven digital ministers' meeting in Japan on Sunday, 30 April, European Commission Executive Vice President for A Europe Fit for the Digital Age Margrethe Vestager said that she expects a political agreement on the proposed EU Artificial Intelligence Act by the end of the year. The EU's approach is "pro-innovation" because it mitigates against the risk of societal damage. Vestager said, "The reason why we have these guardrails for high-risk use cases is that cleaning up … after a misuse by AI would be so much more expensive and damaging than the use case of AI in itself." 

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Margrethe Vestager, Executive Vice-President for a Europe Fit for the Digital Age

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