EU risks going too far, too soon on AI regulation, says Irish trade minister

euronews (in English)

Euronews hosted an international AI summit on Wednesday in Brussels to debate how the EU is going to move forward on regulating artificial intelligence.

Transcript

00:00 The European Union is at risk of going too far too soon when it comes to regulating artificial

00:08 intelligence. That's the opinion of Ireland's Trade Minister who addressed a one day Euronews

00:15 international AI summit in Brussels.

00:19 We need to be careful here. This isn't just about getting this done in time. It's also

00:24 more important that it's done well. And I think the danger here is we try to do too

00:30 much perhaps. And we find that the definitions and the guardrails that we're putting in place

00:39 perhaps are out of date within months, never mind years. But I think it would be a mistake

00:47 to try to do too much too quickly in the context of a technology that is evolving at such a

00:53 pace.

00:54 A final position on the EU's AI Act is being negotiated by the bloc's institutions. An

01:02 agreement is expected later this year. But there's disagreement with some of the contents

01:07 of the legislation, including concerns around over-regulation. The European Commission's

01:14 Vice President says even though the technology is still evolving, boundaries need to be set

01:20 now.

01:21 I would not assist to something which would be over-regulation because I believe that

01:26 we need regulation of AI. But I think that now we know quite a lot about the potential

01:33 possible risks stemming from some of the AI parts of technologies. And that's why we are

01:40 coming with a piece of legislation, AI Act, which in my view is proportionate and necessary.

01:46 The use of facial recognition technology is another contentious subject. The European

01:51 Parliament is proposing strict rules around its use, whereas EU governments want exemptions

01:57 for law enforcement. In June, MEPs endorsed a blanket ban on AI-powered facial recognition

02:04 in public spaces.

02:05 [SWOOSH]

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