European Union negotiators have reached a “provisional political agreement” on the Artificial Intelligence Act (AIA). This compromise between the European Parliament, the European Commission, and the Council of the European Union paves the way for formal adoption of the Regulation.
The AI Act will regulate the most risky artificial intelligence systems for years to come.
The European Tech Alliance (EUTA) has continuously supported the AI Act’s objective of promoting AI innovation while mitigating the risks of “high risk AI” and protecting users and consumers.
The EUTA will assess the final text of the legislation once it becomes available, and share its views accordingly.
The following can be attributed to the EUTA’s Secretary General Victoria de Posson:
“We appreciate efforts made to regulate high risk uses of AI, while at the same time avoiding overly burdensome rules that could impede the development of beneficial use cases.”
“EUTA recognises policymakers’ hard work to reach this landmark agreement. However, there remain essential details that require further clarification. We hope that the final legislation will ensure that European tech companies can both develop and deploy innovative AI models and systems, enabling them to compete on a global scale and provide the highest-quality services and products to their customers without being compelled to allocate growth resources to cumbersome compliance processes.”
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