Irish tech firms warn EU’s AI act will ‘severely’ discourage investment and start-ups

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 71%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The business representative group said wants regulations to be clear and manageable

Digital Business Ireland, an industry representative body, has called on the government to ensure there is clarity to support open-source development in the EU’s upcoming AI Act.

It said this is necessary in order to encourage investment in the development of artificial intelligence technologies. Concerns have previously been raised about the complexity of the act, which has been described as being like “GDPR on steroids” in terms of the obligations and consequences involved.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in CA

Canada Canada Latest News, Canada Canada Headlines