Positive power of new technologies outweighs risks

According to Nick Fick, the US ambassador for cyberspace and digital policy, tech opportunities prevail over risks. He argues for more coordinated EU-USA governance for the China digital policy challenge.

However, EU and USA need to synchronise their approaches on AI and data governance Ambassador Flick was critical of the EU’s incoming AI Act as being too restrictive for the AI industry, particularly from the USA. He called for a ‘deft touch’ for AI governance.

Data and privacy protection is another area difference between the EU and USA, as it was seen when the Irish Data Protection Commission imposed a record $1.2 billion fine on Meta. On six months deadline for Meta to fix or ban data transfers to the USA, Ambassador Flick commented that it is ‘quite an aggressive timeline to get to a [US] domestic [privacy] consensus, let alone a transatlantic consensus. But I think it’s imperative that we figure this one out.’

Source: Irish Times