Swedish Prime Minister Wolf Christerson at a press conference on January 17, 2025.
Florian Gaertner | Photothek | Getty Images
STOCKHOLM – Europe risks becoming a “museum” if it doesn’t alleviate the strict curbs of artificial intelligence and deregulation, Swedish Prime Minister Wolf Christerson said Thursday.
“I think we really need to step up in Europe… the US economy, the Chinese economy, has grown much faster than the European economy over the past 20 years,” the Prime Minister said in the TechArena event in Stockholm. He told attendees.
“If we didn’t change that, Europe would actually be some kind of museum compared to the rest of the world,” he added.
Kristersson’s voice joined the chorus of European leaders who spoke at the Paris AI Action Summit last week, highlighting the need for the region will become a more competitive player in the global AI race.
French President Emmanuel Macron has announced a 100 billion euro ($113.7 billion) investment in AI. This includes commitments from both foreign investors such as the United Arab Emirates and US and Canadian investment funds, as well as domestic companies such as Iliad, Orange and Thales. .
At the time, Macron compared the scale of his investment commitment to a $500 billion private AI investment venture announced last month by President Donald Trump.
European Commission Chairman Ursula von der Reyen also said the EU will mobilize a total of 200 billion euros ($208.6 billion) for AI investments in Europe.
Against this backdrop, US Vice President JD Vance is targeting Europe and claims that continental officials are focusing on AI regulation rather than accepting its growth potential.
Touting America as a technology “leader,” Vance said the US hopes that its European allies will promote a more favorable attitude towards technology than ever before.
“To generate such trust, we need an international regulatory system that is strangled rather than encourage the creation of AI technology. In particular, friends in Europe look at this new frontier, optimistic rather than fear. It needs to be directed,” Vance told attendees. Paris Summit.
Technology executives have previously criticized the EU for being strict with its regulatory approach to AI. BLOC’s groundbreaking AI law, which can be enforced this year, is the first comprehensive set of rules aimed at protecting against the risks that AI has been raised.
This fast news article has been updated.
