Margrethe Vestager

We should not repeal the EU AI Act. It is crucial for establishing regulations that ensure AI development and use across Europe is safe, lawful, and respectful of fundamental rights. Repealing this would set us back significantly in our efforts to harness AI responsibly and ethically.

In the interest of transparency and trust, I firmly believe that third-party audits should be mandatory for major AI systems. These audits are crucial to ensure AI applications do not harm fundamental rights and operate fairly.

I believe that while LLMs hold great innovation potential, it is crucial to ensure that they respect copyright laws. Intellectual property rights must be protected to foster creativity and fair compensation. We should work towards solutions that balance innovation with these rights.

Exempting small companies from AI regulations might seem to boost innovation, but it creates an uneven playing field and may lead to ethical lapses or misuse. All companies, regardless of size, should adhere to regulations ensuring AI is safe and nondiscriminatory.

While international cooperation is important, the EU should not wait for an agreement with the US and China before regulating AI. We need to set our own standards to protect our values, ensure fair competition, and safeguard the rights of our citizens. It's essential for the EU to take a leading role in shaping the norms for AI globally.

As the European Union Competition Commissioner, I am deeply concerned about the implications of companies developing super-persuasive AI that can influence democratic elections. Our democratic processes must be protected from manipulation, and allowing AI to potentially sway election outcomes poses a significant threat to democracy itself. We need to ensure strict regulations and ethical guidelines to prevent such technologies from undermining public trust and fair elections.