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Big Tech execs say Europe's new AI law could harm innovation [CNN]
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risk holding back innovation. The EU gave the final green light to its AI act Tuesday, the same week tech leaders gathered in Paris for the annual VivaTech conference. The first-of-its-kind law is poised to reshape how firms and other organizations in Europe use AI for everything from health care decisions to policing. It imposes blanket bans on using the technology in ways deemed “unacceptable” — for example, for social scoring. The regulation also creates new disclosure obligations for large AI companies and requires more transparency on uses of AI considered “high-risk,” such as for education and hiring. For Meta's ( META ) AI chief, Yann LeCun, “the big question” about the new law is “should research and development in AI be regulated?” “There are clauses in the EU AI act and various other places that do regulate research and development. I don't think it's a good idea,” he told CNN's Anna Stewart at the Paris event. LeCun, widely known as one of the “godfathers of AI
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