Officials at companies from French planemaker Airbus and carmaker Renault to Dutch beer giant Heineken signed an open letter to EU leaders saying the 27-nation bloc’s groundbreaking legislation may put shackles on the development of generative AI. That technology gives popular AI chatbots like ChatGPT the power to generate text, images, video and audio that resemble human work.
“Such regulation could lead to highly innovative companies moving their activities abroad “ and investors withdrawing their money from AI development in Europe, the letter said. “The result would be a critical productivity gap between the two sides of the Atlantic.”
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