The CEOs of the two companies cited the EU's "inconsistent" and "fragmented" AI regulations as the central reason for the delays in rollout of products to European customers and developers. Meta paused the release of new AI models in the EU in June.
The EU’s recent negotiated agreement over the A.I. Act is one of the world’s first comprehensive attempts to govern the use of AI. Enforcement won’t kick in until 2025, but IT leaders are already trying to stay ahead lest they risk falling behind.
Details of UK’s data protection reform plans are solidifying with the release of the first public version of the Data Protection and Digital Information Bill (DPDIB), which is accompanied with a set of new proposals for AI regulation.