AI Market Regulators Move Too Slowly, Nvidia and Google Lawyers Argue
Nvidia and Google lawyers have argued that it's too soon to subject the AI market to ex-ante controls. The statement was made in a recent case, where the companies are pushing for Brussels competition law changes.
According to the lawyers, the AI industry is still in its early stages and imposing regulations now could stifle innovation. They pointed out that the industry is rapidly evolving, with new technologies emerging all the time.
This view has sparked debate among experts, with some arguing that regulatory bodies should intervene earlier to prevent potential monopolies and promote fair competition.