Siemens and SAP Urge EU to Reconsider AI Regulations for Innovation Balance

Siemens and SAP call for the EU to revise its AI regulations to support innovation while ensuring safety.

Key Points

  • • Siemens and SAP advocate for changes to EU AI regulations.
  • • They warn that current rules may stifle innovation.
  • • The companies seek a balance between safety and growth.
  • • Their appeal comes amid ongoing regulatory discussions.

Siemens and SAP are jointly appealing to the European Union to revise its artificial intelligence (AI) regulatory framework, emphasizing that the current regulations may impede innovation within the industry. The companies argue for a balanced approach that not only fosters growth but also addresses safety concerns associated with AI technologies.

In their statement, Siemens and SAP stressed the need for a regulatory environment that enables businesses to thrive while managing potential risks related to AI. This plea for revision comes amid ongoing discussions about the implications of AI across various sectors, highlighting a significant concern among technology firms regarding the restrictive nature of current compliance requirements.

The call reflects a broader sentiment within the tech industry, where companies fear that stringent regulations could hinder their operational capabilities and the future progression of AI solutions. Siemens and SAP’s advocacy underscores the critical balance between promoting innovation and ensuring safety in the evolving landscape of AI regulations.