NewzElon Musk on Tuesday urged the G20 to tread softly on regulating tech and AI, saying European-style rules inhibit innovation. Musk also made a defense of building data centers to meet the needs of the AI revolution, amid a growing backlash against their construction in the United States ahead of midterm elections later this year. The Tesla and SpaceX chief was participating virtually in a tech-focused G20 meeting in North Carolina amid a global debate on how governments should address the dangers and promise of artificial intelligence.
The Trump administration is largely committed to a hands-off approach that would leave the industry to find ways to self-regulate, even as companies race furiously to stay ahead in AI despite the risks. In a sign that his administration is loath to create any obstacle for the AI industry, President Donald Trump on Monday attacked opponents of artificial intelligence data centers, saying they would end up “backwards and poor” and were helping rival China. At the meeting in Chapel Hill, home to the University of North Carolina, a leading US research hub, Musk said the AI data centers were badly needed to fill a “power shortfall” in meeting AI needs.
He insisted that data center builders should be paying their fair share of tax, but that the technology world was in urgent need of the AI capacity the data centers provide. With ministers from EU members France, Italy and Germany sitting in the room — as well as EU tech chief Henna Virkkunen — Musk slammed EU policies for inhibiting technology. “You have to have an environment that’s relatively free of regulation, meaning that new things must be default legal as opposed to default illegal,” Musk said.
“In the EU, for example, we find that the regulation level is extraordinarily high, and things are generally default illegal, and this inhibits progress with new technologies,” he added. “It doesn’t ultimately stop it, but it slows it down quite considerably,” he said, in arguments that EU officials in Brussels firmly reject. The United States holds the rotating G20 presidency this year and is hosting a series of ministerial meetings ahead of a leaders’ summit that Trump will convene on December 14-15 at his Trump National Doral resort in Miami.
Washington has framed its host year around limiting regulatory burdens and promoting new technologies. The Chapel Hill meeting is organized b… Elon Musk said the AI data centres were badly needed to fill a 'power shortfall' in meeting AI needs.
(EPA Images pic)CHAPEL HILL: Elon Musk on Tuesday urged the G20 to tread softly on regulating tech and AI, saying European-style rules inhibit innovation.Musk also made a defence of building data centres to meet the needs of the AI revolution amid a growing backlash against their construction in the US ahead of midterm elections later this year.The Tesla and SpaceX chief was participating virtually in a tech-focused G20 meeting in North Carolina amid a global debate on how governments should address the dangers and promise of artificial intelligence.The Trump administration is largely committed to a hands-off approach that would leave the industry to find ways to self-regulate, even as companies race furiously to stay ahead in AI despite the risks.In a sign that his administration is loath to create any obstacle for the AI industry, President Donald Trump on Monday attacked opponents of artificial intelligence data centres, saying they would end up "backwards and poor" and were helping rival China.At the meeting in Chapel Hill, home to the University of North Carolina, a leading US research hub, Musk said the AI data centres were badly needed to fill a "power shortfall" in meeting AI needs.He insisted that data centre builders should be paying their fair share of tax but that the technology world was in urgent need of the AI capacity the data centres provide.With ministers from EU members France, Italy and Germany sitting in the room – as well as EU tech chief Henna Virkkunen – Musk slammed EU policies for inhibiting technology."You have to have an environment that's relatively free of regulation, meaning that new things must be default legal as opposed to default illegal," Musk said."In the EU, for example, we find that the regulation level is extraordinarily high, and things are generally default illegal, and this inhibits progress with new technologies," he added."It doesn't ultimately stop it, but it slows it down quite considerably," he said, in arguments that EU officials in Brussels firmly reject.The US holds the rotating G20 presidency this year and is hosting a series of ministerial meetings ahead of a leaders' summit that Trump will convene on Dec 14-15 at his Trump National Doral resort in Miami.Washington has framed its host year around limiting…
Summary from source