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Europe’s AI Challenge: A Call for Regulatory Flexibility

Sweden’s Prime Minister Ulf Kristersson warned that Europe may fall behind in the global artificial intelligence (AI) race unless it eases strict regulations on the technology, Anadolu Agency reported.

Speaking at the Techarena event in Stockholm, he urged European policymakers to adopt a more flexible approach to AI governance to compete effectively with economic powerhouses like the US and China.

Kristersson noted that the American and Chinese economies have outpaced European economies significantly over the past two decades. He cautioned that if Europe does not adapt, it risks becoming “some kind of a museum” compared to other parts of the world.

His remarks align with concerns raised by other European leaders at the recent Paris AI Action Summit, where the need for Europe to strengthen its role in AI development was emphasized. The EU AI Act, which came into effect in August 2024, represents the first legal framework for AI, aiming to address risks while fostering a “trustworthy” approach to the technology.

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