Siemens and SAP have urged the European Union to reconsider its AI regulations, emphasizing the need for a balanced approach that fosters innovation while ensuring safety. They argue that overly strict regulations could stifle technological advancement, especially for SMEs, which play a crucial role in the industry. The companies advocate for a framework that distinguishes between high-risk and low-risk AI applications, allowing more flexibility for lower-risk innovations. They believe that a collaborative approach, involving stakeholders from various sectors, would better address ethical concerns without hindering progress. The call for revisions comes amid ongoing discussions about the future of AI governance in the EU, highlighting the importance of regulatory adaptability in a rapidly evolving technological landscape. By advocating for clearer guidelines, Siemens and SAP aim to support a competitive European AI market while maintaining public trust and safety. This initiative seeks to ensure that Europe remains at the forefront of AI development.
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