Siemens and SAP call for EU to revise its AI regulations – FAZ

Zurich (Reuters) -Siemens and SAP CEOs urged the European Union to review the legislation of artificial intelligence, saying that the existing rules drowned innovation.

Roland Busch, SAP CEO Christian Klein and Siemens CEO, said that a new regulatory framework is needed to support Frankfurter Allgemeine Zeitung instead of preventing technological progress.

The EU’s AI law, which has become a law last year, manages the development and use of AI systems to ensure that they respect safe, transparent and basic rights.

The law classifies AI applications to risk categories that providers should meet certain security and transparency requirements of the providers.

However, Siemens’ Busch said that the action is a main reason for the delay of Europe, and that overlapping and sometimes contradictory arrangements prevent progress.

Authority said that the Data Law, another law that puts obligations on how companies use consumer and corporate data, is “toxic” to develop digital business models.

Many companies, including Google owner Alphabet and Facebook owner Meta, have recently asked Brussels to postpone the rules, while Bush refused to sign their letters by saying that the proposal did not go forward enough.

From SAP, Klein warned against copying the United States and just investing in infrastructure and data centers, and stressed that the infrastructure shortage is not the main obstacle in Europe.

Instead, both CEOs wanted to reorganize data rules before investing in data centers.

“We are sitting on a treasure in Europe, but we cannot benefit from it yet.” He said. “Not accessing the information processing capacity we are missing at the moment, but the publication of resources.”

(Reporting by John Revill; Editing by Sandra Maler)