Big Tech may benefit as EU considers easing AI regulations

Apple, Meta Platforms, and other tech giants could gain a reprieve from the EU’s AI regulations, as the European Commission considers easing parts of the legislation to streamline a wave of rules enacted over the past two years.
The initiative follows heavy lobbying from major tech firms and U.S. government criticism of last year’s AI Act, which imposes risk-based requirements on artificial intelligence.
Reuters:
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“The Commission is proposing targeted simplification measures aimed at ensuring timely, smooth and proportionate implementation,” the draft Digital Omnibus document seen by Reuters said.
The changes include exempting companies from registering their AI systems in an EU database for high-risk systems if these are only used for narrow or procedural tasks, and the introduction of a one-year grace period where authorities can only levy penalties from August 2, 2027.

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MacDailyNews Take: Our position remains unchanged nearly two decades on:
[W]e usually prefer the government to be hands-off wherever possible, Laissez-faire… Regulations are static and the marketplace is fluid, so extensive regulations can have unintended, unforeseen results down the road. – MacDailyNews, June 9, 2006

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