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A softer Japanese approach could dull EU efforts to establish its rules as a global benchmark, with requirements such as companies disclosing copyrighted material used to train AI systems that generate content like text and graphics. EU industry chief Thierry Breton is visiting Tokyo this week to promote the bloc's approach to AI rule-making as well as to deepen cooperation in semiconductors. The government official did not elaborate on areas where Japan's rules were likely to differ from those of the EU. For Japan, AI could help cope with the population decline that is causing a labour shortage. "If you increased the GPUs in Japan by 10 times, it would probably still be less than what OpenAI has available," said Prof. Matsuo.
Persons: Dado Ruvic, Thierry Breton, Yutaka Matsuo, Matsuo, Breton, Japan's, Sam Nussey, Tim Kelly, Christopher Cushing Organizations: REUTERS, European Union, EU, The University, Tokyo's, Learning, SoftBank, Microsoft, Japan, Thomson Locations: TOKYO, Japan, European, U.S, Tokyo, China
The EU held a similar council with South Korea last week, in which the two sides agreed to cooperate on technologies such as AI and cybersecurity. Part of that EU strategy involves deepening the relationship with allied countries around technology. Breton told Reuters on Monday that the bloc and Japan will co-operate in the area of semiconductors. Japan is a key country in the semiconductor supply chain, and Tokyo has been looking to strengthen its domestic industry. The EU has also been looking to strengthen its own semiconductor industry across the bloc.
Persons: Thierry Breton, Breton Organizations: European, Twitter, Japan Digital Partnership, EU, South, Reuters Locations: Japan, China, EU, South Korea, U.S, Beijing, Tokyo
EU, Japan to deepen chip cooperation - Breton
  + stars: | 2023-07-03 | by ( Sam Nussey | ) www.reuters.com   time to read: +2 min
[1/2] EU Commissioner for Internal Market Thierry Breton speaks during an interview with Reuters in Tokyo, Japan July 3, 2023. REUTERS/Issei KatoTOKYO, July 3 (Reuters) - The European Union (EU) will deepen cooperation with Japan on semiconductors, its industry chief said on Monday, as countries move to strengthen control over a technology vital for defence, electronic and automotive industries. The EU and Japan will work together to monitor the chip supply chain and facilitate exchange of researchers and engineers, Thierry Breton said. "We believe that it's extremely important to secure the supply chain of semiconductors," Thierry Breton told Reuters in Tokyo, where he is discussing cooperation on chips and artificial intelligence with the government and companies. The deepening cooperation between the EU and Japan comes as the bloc has pledged to reduce its dependence on China, which aims to increase its capabilities in high-end technology such as chips.
Persons: Thierry Breton, Issei Kato TOKYO, Rapidus, Breton, Sam Nussey, Chang, Ran Kim, Himani Organizations: Internal, Reuters, REUTERS, European Union, EU, IBM, JSR, Thomson Locations: Tokyo, Japan, EU, Leuven, Belgium, China
EU, Japan to deepen chip cooperation -Breton
  + stars: | 2023-07-03 | by ( ) www.reuters.com   time to read: +1 min
[1/2] EU Commissioner for Internal Market Thierry Breton speaks during an interview with Reuters in Tokyo, Japan July 3, 2023. REUTERS/Issei KatoTOKYO, July 3 (Reuters) - The European Union will deepen cooperation with Japan on semiconductors, its industry chief said on Monday, as countries move to stengthen control over a technology vital for defence, electronic and automotive industries. "We believe that it's extremely important to secure the supply chain of semiconductors," Thierry Breton told Reuters in Tokyo, where he is discussing cooperation on chips and artificial intelligence with the government and companies. The EU and Japan will work together to monitor the chip supply chain and facilitate exchange of researchers and engineers, Breton said. The EU will also be supportive of Japanese semiconductor companies considering operating there, including through access to subsidies.
Persons: Thierry Breton, Issei Kato TOKYO, Breton, Sam Nussey, Chang, Ran Kim Organizations: Internal, Reuters, REUTERS, European, EU, Thomson Locations: Tokyo, Japan, European Union, EU
BRUSSELS, June 27 (Reuters) - Zalando (ZALG.DE), Europe's biggest online fashion retailer, on Tuesday sued the European Commission for putting it in the same category as Alphabet's (GOOGL.O) Google and Meta Platforms (META.O) regarding new and tough EU online content rules. Under rules known as the Digital Services Act (DSA) which came into force last year, Zalando was labelled a very large online platform (VLOP) because it has more than 45 million users. EU industry chief Thierry Breton in April labelled 19 online platforms and search engines including five Alphabet subsidiaries, two Meta units, two Microsoft (MSFT.O) businesses, Twitter, Alibaba's (9988.HK) AliExpress and Zalando as VLOPs. "The European Commission misinterpreted our user numbers and failed to acknowledge our mainly retail business model. The number of European visitors who connect with our Partners is far below the DSA's threshold to be considered as a VLOP," Zalando CEO Robert Gentz said in a statement.
Persons: Zalando, Thierry Breton, Germany's Zalando, Robert Gentz, Breton, Gentz, Foo Yun, Christina Fincher Organizations: Tuesday, European Commission, Google, Digital Services, Microsoft, Twitter, HK, Justice, European Union, Commission, Partners, Thomson Locations: BRUSSELS, Luxembourg
BRUSSELS, June 27 (Reuters) - EU countries and EU lawmakers on Tuesday agreed on rules that govern how Big Tech and other companies use European consumer and corporate data, with safeguards against non-EU governments gaining illegal access. The European Commission proposed the Data Act last year to cover data generated in smart gadgets, machinery and consumer products, part of a raft of legislation aimed at curbing the power of U.S. tech giants. EU concerns about data transfers have grown following revelations by former U.S. intelligence contractor Edward Snowden in 2013 of mass U.S. surveillance. "Tonight's agreement on the Data Act is a milestone in reshaping the digital space...we are on the way of a thriving EU data economy that is innovative and open — on our conditions," EU industry chief Thierry Breton said in a tweet. It also gives consumers and companies a say on what can be done with the data generated by their connected products.
Persons: Edward Snowden, Thierry Breton, Damian Boeselager, Guido Lobrano, Foo Yun Chee, David Gregorio, Lincoln Organizations: Big Tech, EU, European Commission, Manufacturers, Siemens, SAP, Information Technology Industry, ITI, Thomson Locations: BRUSSELS, Europe
EU, Meta agree to July stress test on EU online content rules
  + stars: | 2023-06-24 | by ( ) www.reuters.com   time to read: +1 min
June 23 (Reuters) - Meta (META.O) and the European Union (EU) have agreed on a stress test in July on the EU's online content rules, following EU industry chief Thierry Breton's demand that the social media platform act immediately over Meta's content targeting children. "Productive discussion with Meta CEO Mark Zuckerberg in Menlo Park on EU digital rules: DSA, DMA & AI Act," Breton said in a tweet, adding that 1,000 Meta employees are working on the Digital Services Act (DSA). loadingBreton had earlier in June said that Meta would have to demonstrate the measures it plans to take to comply with European Union online content rules known as the Digital Services Act (DSA) after Aug. 25 or face heavy sanctions. Meta did not immediately respond to a Reuters request for comment. Reporting by Nilutpal Timsina in Bengaluru; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.
Persons: Thierry Breton's, Mark Zuckerberg, Breton, Nilutpal, Jacqueline Wong Organizations: European Union, Digital Services, Meta, Thomson Locations: Menlo Park, Bengaluru
BRUSSELS, June 23 (Reuters) - European Union industry chief Thierry Breton on Thursday defended draft rules aimed at preventing non-EU governments from gaining illegal access to EU data, saying they were not protectionist. The draft Data Act, which Breton proposed early last year, is in the final stage of negotiations between the European Commission, EU countries and EU lawmakers. "Our European data strategy is to unlock a wealth of big data and set out how that data should be shared, stored and processed. Big U.S. tech companies have said the Data Act could impede international data transfer, and European companies have also criticised it. He will seek to persuade them to sign up to his AI Pact that aims to get companies to implement EU AI rules ahead of their enforcement in two years' time.
Persons: Thierry Breton, Breton, Elon Musk, Mark Zuckerberg, Jensen Huang, Sam Altman, Foo Yun Chee, Barbara Lewis Organizations: Union, European Commission, EU, Big U.S, Siemens, SAP, Twitter, Meta, Nvidia, Singapore, Thomson Locations: BRUSSELS, San Francisco, Asia, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGlobalData: Europe is way ahead of the U.S. when it comes to digital regulationCyrus Mewawalla, Head of Investment Research at GlobalData, discusses EU Commissioner for Internal Market Thierry Breton's planned meetings with Elon Musk, Mark Zuckerberg, Sam Altman, and Jensen Huang this week.
Persons: Cyrus Mewawalla, Thierry Breton's, Elon Musk, Mark Zuckerberg, Sam Altman, Jensen Huang Organizations: Investment Research, GlobalData, Internal, Elon Locations: Europe, U.S
On Thursday, EU Commissioner Thierry Breton and a team of staff descended on Twitter’s headquarters in San Francisco to perform a “stress test” of the company’s ability to moderate online content. Josh Edelson/AFP/Getty ImagesBreton did not say whether he believes Twitter passed its stress test, but described the session as a “constructive dialogue” that Twitter voluntarily agreed to undertake. “Europe is very important to Twitter and we’re focused on our continued partnership.”In a speech Thursday, Breton said Twitter is not the only company that will be receiving a stress test. “Compliance with European rules is not a punishment. Concerns about Twitter’s ability to handle hate speech, misinformation and other challenges have grown since Musk’s purchase of the company last year.
Persons: Thierry Breton, , ” Breton, Elon Musk, Josh Edelson, Breton, Twitter, , Linda Yaccarino, we’re, Sundar Pichai, Mark Zuckerberg, Sam Altman, Jensen Huang Organizations: CNN, European Union, Twitter, Facebook, Digital Services, DSA, Internal, Getty, , , Nvidia Locations: San Francisco, San Francisco , California, AFP, “ Europe, Europe
EU to accelerate arms shipments to Ukraine
  + stars: | 2023-06-18 | by ( ) www.reuters.com   time to read: +1 min
PARIS, June 18 (Reuters) - The European Union is speeding up arms deliveries to Ukraine in support of the country's counter offensive against Russian forces, EU industry chief Thierry Breton said on Sunday in an interview with the French daily Le Parisien. "We are going to step up our efforts to deliver arms and ammunition-- this is a war of high intensity in which they play a crucial role," Breton said, citing a pledge to supply a million high-calibre weapons over the next 12 months. "We are preparing for the war to last several more months, or even longer," he added. Ukraine launched a counteroffensive earlier this month to retake territory from Russian forces, and U.S. Defense Secretary Lloyd Austin last Thursday urged Kyiv's allies to "dig deep" to provide more arms and ammunition. Reporting by Elizabeth Pineau and Mimosa Spencer; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Thierry Breton, Breton, Lloyd Austin, Kyiv's, Elizabeth Pineau, Mimosa Spencer, Hugh Lawson Organizations: European, Russian, U.S . Defense, Thomson Locations: European Union, Ukraine, Le, Russian
PARIS, June 18 (Reuters) - The European Union is speeding up arms deliveries to Ukraine in support of the country's counter offensive against Russian forces, EU industry chief Thierry Breton said on Sunday in an interview with the French daily Le Parisien. "We are going to step up our efforts to deliver arms and ammunition-- this is a war of high intensity in which they play a crucial role," Breton said, citing a pledge to supply a million high-calibre weapons over the next 12 months. "We are preparing for the war to last several more months, or even longer," he added. Ukraine launched a counteroffensive earlier this month to retake territory from Russian forces, and U.S. Defense Secretary Lloyd Austin last Thursday urged Kyiv's allies to "dig deep" to provide more arms and ammunition. Reporting by Elizabeth Pineau and Mimosa Spencer; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Thierry Breton, Breton, Lloyd Austin, Kyiv's, Elizabeth Pineau, Mimosa Spencer, Hugh Lawson Organizations: European, Russian, U.S . Defense, Thomson Locations: European Union, Ukraine, Le, Russian
A top European Union official has called on more EU countries to ban Chinese telecommunications firms Huawei and ZTE from their 5G networks, ramping up tensions with Beijing. That came as several countries, including the U.K., were deciding to ban Huawei over security fears. "I can only emphasize the importance of speeding up decisions to replace high-risk suppliers from their 5G networks. To date, only 10 EU countries have restricted or banned Huawei from their 5G networks, Breton said. Breton's comments follow news that Germany is considering whether to ban Huawei and ZTE from its 5G network because of alleged national security risks.
Persons: Thierry Breton, Breton Organizations: Huawei, European Union, ZTE, EU, Reuters, CNBC Locations: Europe, Germany, Beijing, EU, States, China
China firmly opposes Huawei ban by some EU countries
  + stars: | 2023-06-16 | by ( ) www.reuters.com   time to read: +1 min
BEIJING/STOCKHOLM, June 16 (Reuters) - China firmly opposes some EU countries' ban on Huawei and said the European Commission has no legal basis nor factual evidence to prohibit the Chinese telecom giant, a Chinese foreign ministry spokesperson said on Friday. EU industry chief Thierry Breton on Thursday urged more EU countries to join the 10 that have restricted or banned China's Huawei (HWT.UL) and ZTE (000063.SZ) from their 5G telecoms networks, citing risks to the bloc's collective security. Huawei has criticised the move saying this was not based on a verified, transparent, objective and technical assessment of 5G networks. Publicly singling out an individual entity as HRV without legal basis is against principles of free trade, a Huawei spokesperson said. "As an economic operator in the EU, Huawei holds procedural and substantial rights and should be protected under the EU and Member States’ laws as well as their international commitments," the person said.
Persons: Thierry Breton, Supantha Mukherjee, Foo Yun Chee, Andrew Cawthorne, Toby Chopra Organizations: Huawei, European Commission, EU, Telecom, Member, Beijing, Thomson Locations: BEIJING, STOCKHOLM, China, Germany, Europe, Member States, Stockholm, Brussels
BRUSSELS, June 15 (Reuters) - The decision by some European Union countries to ban China's Huawei (HWT.UL) and ZTE (000063.SZ) from their 5G telecoms networks is justified and in line with the bloc's guidelines, EU industry chief Thierry Breton said on Thursday. Breton has in recent weeks voiced concerns that some EU countries still have perceived high risk components in their 5G core network, citing intrusive third-country laws on national intelligence and data security - a veiled reference to China. Breton said only 10 of the 27 EU countries had restricted or blocked high-risk vendors. "This is too slow, and it poses a major security risk and exposes the Union's collective security, since it creates a major dependency for the EU and serious vulnerabilities," he said. Huawei, ZTE and Beijing have strongly rejected Western allegations that the companies' equipment might be used for spying.
Persons: Thierry Breton, Breton, Foo Yun, Mark Potter Organizations: Union, Huawei, EU, ZTE, Thomson Locations: BRUSSELS, China, Beijing
BRUSSELS/STOCKHOLM, June 14 (Reuters) - EU lawmakers on Wednesday voted for tougher landmark draft artificial intelligence rules that include a ban on the use of the technology in biometric surveillance and for generative AI systems like ChatGPT to disclose AI-generated content. The lawmakers agreed the amendments to the draft legislation proposed by the European Commission which is seeking to set a global standard for the technology used in everything from automated factories to bots and self-driving cars. Microsoft, which has called for AI rules, welcomed the lawmakers' agreement. However, the Computer and Communications Industry Association said the amendments on high-risk AIs were likely to overburden European AI developers with "excessively prescriptive rules" and slow down innovation. The lawmakers will now have to thrash out details with European Union countries before the draft rules become legislation.
Persons: Elon Musk, Sam Altman, Brando Benifei, Thierry Breton, Foo Yun Chee, Bart Meijers, Supantha Mukherjee, Emelia Sithole Organizations: European, Microsoft, Elon, Big Tech, Union, Computer and Communications Industry Association, AIs, The Commission, Thomson Locations: BRUSSELS, STOCKHOLM, Europe, United States, China, Brussels, Stockholm
BRUSSELS, June 8 (Reuters) - EU industry chief Thierry Breton will meet Meta Platforms (META.O) Chief Executive Mark Zuckerberg on June 23 and demand that he act immediately to tackle content targeting children, as Meta's voluntary child protection code seemed not to be working. Social media platforms such as Meta's Instagram, ByteDance's TikTok, Snap's (SNAP.N) Snapchat and Alphabet's (GOOGL.O) YouTube have stirred concerns among regulators and users over content targeted at young children. "#Meta’s voluntary code on child protection seems not to work," Breton said in a Twitter post. Breton said Meta would also have to demonstrate the measures it plans to take to comply with European Union online content rules known as the Digital Services Act (DSA) after Aug. 25 or face heavy sanctions. The DSA bans certain types of targeted advertisements on online platforms such as those meant for children or when they use special categories of personal data, such as ethnicity, political views and sexual orientation.
Persons: Thierry Breton, Mark Zuckerberg, ByteDance's, Breton, Meta, Foo Yun Chee, Mark Heinrich Our Organizations: Meta, YouTube, EU, Reuters, Meta's, European Union, Digital Services, DSA, Thomson Locations: BRUSSELS, Menlo Park, California
CNN —A top European Union official plans to confront Meta CEO Mark Zuckerberg in an in-person meeting over reports this week that the company has failed to prevent the spread of child sexual abuse material on its platform. Thierry Breton, a European commissioner who has led the charge on regulating digital platforms, will visit Meta’s California headquarters on June 23 and plans to raise the matter with Zuckerberg personally, he tweeted Thursday. “#Meta’s voluntary code on child protection seems not to work,” Breton said. “Child exploitation is a horrific crime,” the spokesperson said. A spokesperson for the European Commission didn’t immediately respond to a request for comment.
Persons: Mark Zuckerberg, Thierry Breton, Zuckerberg, ” Breton, “ Mark Zuckerberg, Breton, Meta didn’t, Instagram, , Organizations: CNN, European Union, Digital Services, Meta, Wall Street Journal, Stanford University, University of Massachusetts Amherst, San, European Commission Locations: Meta’s California, San Francisco, California
Futures muted as bond yields rise on rate jitters
  + stars: | 2023-06-08 | by ( ) www.reuters.com   time to read: +3 min
SummarySummary Companies Futures up: Dow 0.01%, S&P 0.06%, Nasdaq 0.09%June 8 (Reuters) - U.S. stock index futures were largely flat on Thursday as government bond yields hovered near recent highs on worries that major central banks could keep raising interest rates. The benchmark S&P 500 (.SPX) and the tech-heavy Nasdaq (.IXIC) closed lower on Wednesday, with megacap stocks leading declines as U.S. bond yields rose after the Bank of Canada (BoC) surprised markets with an interest rate hike. The 2-year Treasury yield , which tends to move in step with short-term rate expectations, rose for a third day to 4.56%, as investors await the Federal Reserve meet next week. Eventually we don't think the Fed will hike in July," Jefferies strategist Mohit Kumar said. They see a 50% chance of a rate hike in July.
Persons: Jefferies, Mohit Kumar, Russell, Thierry Breton, Ryan Cohen, Zhu Jiang, Sruthi Shankar, Vinay Dwivedi Organizations: Dow, Nasdaq, Bank of Canada, BoC, Microsoft Corp, Apple Inc, Amazon.com Inc, Treasury, Reserve, Traders, U.S . Labor Department, Dow e, Meta, Inc, GameStop Corp, Thomson Locations: U.S, KBW, China, Bengaluru
It is better to be a telco in the U.S. than in Europe," Breton told a conference. Adjusted for GDP, 5G investment in the EU is lower than in other regions of the world," he said. He dismissed fears that requiring some users to pay more than others would breach EU net neutrality rules which say all users should be treated equally. "We will not touch net neutrality. It is not a question of changing net neutrality.
Persons: Thierry Breton, Breton, Foo Yun Chee, Richard Chang Organizations: Big Tech, EU, Deutsche Telekom, Telefonica, Telecom Italia, Alphabet's, Google, Apple, Netflix, Microsoft, Thomson Locations: BRUSSELS, Europe, United States, U.S, Breton, Orange
STOCKHOLM, June 6 (Reuters) - Microsoft-backed OpenAI, the company behind ChatGPT, has no plans to go public any time soon, Chief Executive Sam Altman said at a conference in Abu Dhabi. OpenAI has so far raised $10 billion from Microsoft (MSFT.O) at a valuation of almost $30 billion as it invests more on building computing capacity. "We did not threaten to leave the EU," Altman said on Tuesday. There's still more clarity we are waiting for on the EU AI Act, but we are very excited to operate in Europe." Many experts have cited a potential threat to jobs being replaced by AI including in sectors such as transport and logistics, office support and administration, production, services and retail.
Persons: Sam Altman, Altman, OpenAI, Thierry Breton, Margrethe Vestager, Supantha Mukherjee, David Goodman, Emelia Organizations: Microsoft, United Arab Emirates, EU, Thomson Locations: STOCKHOLM, Abu Dhabi, Qatar, India, South Korea, EU, Europe, Stockholm
BRUSSELS, June 3 (Reuters) - A majority of EU countries have rejected a push by Europe's big telecoms operators to force Big Tech to help fund the rollout of 5G and broadband in the region, people familiar with the matter said. Telecoms ministers from 18 countries either rejected or criticised the proposed network fee levy on tech firms at a meeting with EU industry chief Thierry Breton in Luxembourg on Thursday, the sources said. That echoed comments made last month by EU telecoms regulators' group BEREC. Breton is expected to issue a report by the end of June with a summary of feedback provided by Big Tech, telecoms providers and others which will indicate his next steps. Any legislative proposal needs to be negotiated with EU countries and EU lawmakers before it can become law.
Persons: Thierry Breton, Breton, Foo Yun Chee, Rosalba O'Brien Organizations: EU, Big Tech, Deutsche Telekom, Telefonica, Telecom Italia, France Telecom, French, Google, Apple Inc, Inc, Netflix Inc, Amazon.com Inc, Microsoft Corp, Thomson Locations: BRUSSELS, Luxembourg, Orange, Austria, Belgium, Czech Republic, Denmark, Finland, Germany, Ireland, Lithuania, Malta, Netherlands, Cyprus, France, Greece, Hungary, Italy, Poland, Portugal, Romania
Twitter's head of trust and safety says she has resigned
  + stars: | 2023-06-02 | by ( Sheila Dang | ) www.reuters.com   time to read: +2 min
June 1 (Reuters) - Twitter's head of trust and safety, Ella Irwin, told Reuters on Thursday that she has resigned from the social media company, which has faced criticism for lax protections against harmful content since billionaire Elon Musk acquired it in October. Irwin, who joined Twitter in June 2022, took over as head of the trust and safety team in November when previous head Yoel Roth resigned. Irwin's departure comes as the platform has struggled to retain advertisers, with brands wary of appearing next to unsuitable content. Musk announced earlier this month that he hired Linda Yaccarino, former NBCUniversal advertising chief, to become Twitter's new CEO. Reporting by Sheila Dang in Dallas; Editing by Shri Navaratnam, Leslie Adler and Edmund KlamannOur Standards: The Thomson Reuters Trust Principles.
Persons: Ella Irwin, Elon Musk, Irwin, Yoel Roth, Musk, Linda Yaccarino, Fortune, Thierry Breton, Twitter, Sheila Dang, Shri Navaratnam, Leslie Adler, Edmund Klamann Organizations: Reuters, Twitter, European Union, Thomson Locations: Dallas
Irwin has not addressed the reasons for her departure, but the move coincided with the company’s content moderation dispute with the Daily Wire, a conservative outlet. But the sudden and unexpected vacancy at Twitter could leave the company without a key content moderation official at a sensitive moment. That law, known as the Digital Services Act, will require so-called “very large online platforms” including Twitter to abide by tough content moderation standards by as early as August. For months, as Musk has increasingly welcomed more incendiary speech onto the platform Twitter had previously restricted, EU officials have been reminding Twitter of its content moderation obligations under the DSA. The warnings have also come amid mass layoffs at the company that have eliminated entire teams, including much of its content moderation staff.
Persons: Elon Musk, Twitter’s, Ella Irwin, Irwin, Jeremy Boreing, Musk, it’s, It’s, , Thierry Breton, ” Breton, Linda Yaccarino Organizations: CNN, Twitter, European Union, Reuters, Daily, Twitter’s San, Digital Services, DSA, Services, Trust, Safety, European Commission, Companies Locations: Twitter’s, Twitter’s San Francisco
LULEA, Sweden, May 31 (Reuters) - The United States and European Union should push the artificial intelligence (AI) industry to adopt a voluntary code of conduct within months to provide safeguards while new laws are developed, EU tech chief Margrethe Vestager said on Wednesday. The European Union's AI Act, with rules on facial recognition and biometric surveillance, could be the world's first comprehensive legislation governing the technology, but is still going through the legislative process. "In the best of cases it will take effect in two and a half to three years time. That is obviously way too late," Vestager told reporters before a meeting of the joint EU-U.S Trade and Technology Council in Sweden. Vestager, a European Commission vice president, said a code of conduct come emerge quickly while governments and legislators from the EU to Canada to India establish rules.
Persons: Margrethe Vestager, Vestager, Thierry Breton, Philip Blenkinsop, Mark Potter Organizations: LULEA, European Union, EU, U.S Trade, Technology Council, European Commission, Thomson Locations: Sweden, United States, European, Canada, India
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