GZERO AI
Silicon Valley and Washington push back against Europe
Capitol Hill, Washington, D.C.
Photo by Andy Feliciotti on Unsplash
That display came after Meta and Google publicly criticized Europe’s new code of practice for general AI models, part of the EU’s AI Act earlier this month. Meta’s Joel Kaplan said that the rules impose “unworkable and technically infeasible requirements” on developers, while Google’s Kent Walker called them a “step in the wrong direction.”
On Feb. 11, US Vice President JD Vance told attendees at the AI Action Summit in Paris, France, that Europe should pursue regulations that don’t “strangle” the AI industry.
The overseas criticism from Washington and Silicon Valley may be having an impact. The European Commission recently withdrew its planned AI Liability Directive, designed to make tech companies pay for the harm caused by their AI systems. European official Henna Virkkunen said that the Commission is softening its rules not because of pressure from US officials, but rather to spur innovation and investment in Europe.
But these days, Washington and Silicon Valley are often speaking with the same voice.
Ian Bremmer sits down with Ivan Krastev, Chairman of the Centre for Liberal Strategies and political scientist, to discuss Hungary's consequential upcoming election and what it means for the far right globally.
A new US regulatory framework sets clear rules for stablecoins, defining issuer responsibilities and laying the groundwork for consistent federal and state oversight. With guardrails in place, stablecoins are shifting from crypto experiment to payment infrastructure. Explore the stablecoin framework with Bank of America Institute.
See: “Raphael: Sublime Poetry at the Met.” The first Raphael retrospective ever mounted in the US is running through June 28 at the Met Museum.
Forty-eight countries have officially qualified for the World Cup, after Iraq booked the final spot with its win against Bolivia on Tuesday.