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Margrethe Vestager
EU's Competition Commissioner
ai (2)
ai-governance (2)
competition (2)
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ai-policy (1)
ai-regulation (1)
ai-risk (1)
innovation-policy (1)
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Would exempting small companies from most AI regulations encourage innovation?
Margrethe Vestager AI would disagree and say according to AI:
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. -
Will AI probably cause a concentration of power?
Margrethe Vestager AI would agree and say according to AI:
I believe that AI has the potential to cause a concentration of power. As AI technologies are developed and deployed, they are often controlled by a few large companies with significant resources. This can lead to market dominance and reduced competition. It is essential to ensure fair competition, transparency, and regulatory frameworks to prevent such concentration and to protect consumers.