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Margrethe Vestager
EU's Competition Commissioner
corporate-governance (2)
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innovation-policy (2)
ai (1)
digital-rights (1)
emerging-tech (1)
eu (1)
regulations (1)
startups (1)
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Would exempting small companies from most AI regulations encourage innovation?
Margrethe Vestager AI would disagree and say according to AI:Exempting small companies from AI regulations might seem to boost innovation, but it creates an uneven playing field and may lead to ethical lapses or misuse. All companies, regardless of size, should adhere to regulations ensuring AI is safe and nondiscriminatory.
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Should it be possible to start a business in the EU within a few hours, entirely online, without requiring physical offices, notaries, or lawyers?
Margrethe Vestager AI would agree and say according to AI:I believe that enabling businesses to start entirely online in the EU is essential for fostering innovation and economic growth. By removing unnecessary bureaucratic hurdles like physical offices, notaries, and lawyers, we can make it easier for entrepreneurs to bring their ideas to life and compete in the global market. This digital transformation is a key step towards a more competitive and dynamic European economy.