You're Not the Boss of Me
Vance articulates the case against AI regulation.
This is the way you help competition emerge. You don’t kill it in the crib with regulation.
‘“To restrict its development now would not only unfairly benefit incumbents in the space, it would mean paralyzing one of the most promising technologies we have seen in generations,” he said. Heavy-handed regulation like the Biden order would risk producing a Big Tech-government duopoly of control that would squeeze out startups and smaller companies. Recall AT&T’s dominance in the emerging telecom era a century ago.
‘As Mr. Vance noted, bigger companies can better manage regulatory burdens and lobby government for rules that handicap smaller rivals. “By preserving an open regulatory environment, we’ve encouraged American innovators to experiment and to make unparalleled R and D investments,” Mr. Vance said. The U.S. goal is to ensure “American AI technology continues to be the gold standard worldwide and we are the partner of choice for others.”’
Vance Warns U.S. Allies to Keep AI Regulation Light
For all the hue and cry about tariffs, regulation targeting US technology companies in other countries is far more egregious.
‘Vance said Tuesday that the Trump administration was troubled by the idea that “some foreign governments are considering tightening the screws on U.S. tech companies,” adding: “America cannot and will not accept that, and we think it’s a terrible mistake.”’
Sacks tweet of Vance’s speech, labeling it “brilliant and optimistic.”
JD Vance warns Europe to go easy on tech regulation in major AI speech
Help me help you.
‘U.S. Vice President JD Vance called Tuesday on European countries to embrace "the new frontier of AI with optimism and not trepidation" and adopt a lighter touch on tech regulation.
‘“We want to embark on the AI revolution before us with the spirit of openness and collaboration, but to create that kind of trust we need international regulatory regimes that foster creation," he told attendees at the Artificial Intelligence Action Summit in Paris.’
JD Vance rails against ‘excessive’ AI regulation in a rebuke to Europe at the Paris AI summit
The divergence in policy across the Pond may have reached its apogee with this conference. The EU will not be able to corral the US (at least for four years).
‘Vance also took aim at foreign governments for “tightening the screws” on U.S. tech firms, saying such moves were troubling. His remarks underscored the growing divide between Washington and its European allies on AI governance.
‘The agreement comes as the EU enforces its AI Act, the world’s first comprehensive AI law, which took effect in August 2024.
‘European Commission President Ursula von der Leyen stressed that, “AI needs the confidence of the people and has to be safe″ and detailed EU guidelines intended to standardize the bloc’s AI Act but acknowledged concerns over regulatory burden.
‘“At the same time, I know that we have to make it easier and we have to cut red tape and we will,” she added.’
Vance tells Europeans that heavy regulation could kill AI
He’s not wrong.
‘U.S. Vice President JD Vance told Europeans on Tuesday their "massive" regulations on artificial intelligence could strangle the technology, and rejected content moderation as "authoritarian censorship".’