AI Act: Co-legislators should enable European tech leadership, protect consumers and promote AI innovation

As the Artificial Intelligence (AI) Act moves to its the final negotiation stage, the European Tech Alliance (EUTA) calls for thoughtful consideration to ensure a balanced regulatory framework. It is essential to have an AI framework that protects consumers, enables European tech leadership and promotes AI Innovation. 

The EUTA invites co-legislators to: 

    • Adopt a risk-based approach: The AI regulation should not focus on the technology per se, but only on outcomes and use cases which pose a significant risk.
    • Support innovation: Co-legislators should refrain from overregulating general-purpose AI, as it would favour incumbent players and limit EU tech companies ability to compete with global players. 
    • Create clear and enforceable rules: Clear definitions are crucial to ensure companies’ compliance and prevent divergence of interpretation from national authorities. 
    • Grant enough time for compliance: Negotiators should maintain a 24-month compliance timeframe to grant European companies adequate time for adaptation.

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The following can be attributed to the EUTA’s Secretary General Victoria de Posson: 

“As the AI Act progresses into its concluding negotiation stage, EUTA underscores the critical need to develop a balanced legislation that not only safeguards consumers but also enables European tech leadership while fostering the spirit of innovation in the field of AI.”

About the European Tech Alliance 

EUTA represents leading European tech companies that provide innovative products and services to 500 million users. Our 30 EUTA member companies from 14 European countries are popular and have earned the trust of consumers. As companies born and bred in Europe, for whom the EU is a crucial market, we have a deep commitment to European citizens and values.

With the right conditions, our companies can strengthen Europe’s resilience and technological autonomy, protect and empower users online, and promote Europe’s values of transparency, rule of law and innovation to the rest of the world.

The EUTA calls for boosting Europe’s tech competitiveness by having an ambitious EU tech strategy to overcome growth obstacles, making a political commitment to clear, targeted and risk-based rules, and enforcing rules consistently to match the globalised market we are in.

For media inquiries, please contact:
Victoria de Posson, EUTA Secretary General
Phone: +32 476 25 08 16