The chief executive of SAP, Europe’s largest software firm, has cautioned EU policymakers against over-regulating artificial intelligence and widening the already large gap with the US in the transformative yet nascent sector.
“I’m totally against regulating the technology, it would harm the competitiveness of Europe a lot if I can better test my AI models here,” Christian Klein told the Financial Times during a visit to Silicon Valley.
“If we over-regulate using data for developing new AI in Europe, but [in the US] it is still OK, then you’re at a massive disadvantage.”
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