EU Delays AI Regulations for Global Competitiveness

The European Union is considering a one-year delay in implementing strict AI regulations, aiming to boost competitiveness and foster innovation. This shift, driven by tech industry voices and national governments, has sparked debate about balancing regulation with advancement. The delay, if approved, would postpone high-risk AI practices obligations, potentially impacting areas like recruitment and loan assessments. The proposal faces opposition from civil society groups, but support from some member states and companies.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.