🚨 Europe Pressured to Pause AI Act 🤖⚖️
Airbus, BNP Paribas, Carrefour & 100+ firms urge Brussels to delay the AI Act by 2 years, warning it could cripple innovation and hand advantage to the U.S. & China. 🧠🌍
🔹 CEOs call the rules complex, unclear, and risky for investment
🔹 Over 30 EU startups say the law is a “rushed ticking time bomb” 💣
🔹 Businesses fear LLM rules hurt small players while favoring U.S. tech giants
🔹 Revised “Code of Practice” for GPT-4, Llama, etc. expected before full rollout
Will the EU regulate itself out of AI lead
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