Posted 3/22/2024, 8:22:40 AM
Study: No urgent need to regulate generative AI despite some long-term competition concerns
- New study finds no immediate competition concerns in Europe's growing generative AI landscape that require regulation
- Industry body CCIA Europe warns EU AI Act could overburden innovative AI developers with unnecessary red tape
- Study notes potential future competition issues like limited data access, Big Tech partnerships with startups, and leveraging behavior
- Points to Microsoft's partnership with French AI startup Mistral as an example of how exclusivity could harm competition
- Says partnerships less concerning if no exclusivity or privileged access to startups' tech