The Prague Post - JD Vance puts Europe, China on notice at AI summit

EUR -
AED 4.306924
AFN 77.800612
ALL 96.290273
AMD 447.455848
ANG 2.099694
AOA 1075.411417
ARS 1700.779101
AUD 1.772061
AWG 2.110949
AZN 1.988177
BAM 1.952553
BBD 2.365276
BDT 143.51133
BGN 1.955558
BHD 0.44213
BIF 3482.009164
BMD 1.17275
BND 1.514082
BOB 8.114505
BRL 6.462082
BSD 1.174352
BTN 106.720516
BWP 15.510205
BYN 3.441491
BYR 22985.892779
BZD 2.361882
CAD 1.615644
CDF 2638.686581
CHF 0.934332
CLF 0.027329
CLP 1072.104138
CNY 8.258444
CNH 8.255383
COP 4504.50788
CRC 586.025397
CUC 1.17275
CUP 31.077865
CVE 110.081926
CZK 24.301712
DJF 209.123105
DKK 7.471107
DOP 75.454514
DZD 151.827002
EGP 55.592317
ERN 17.591244
ETB 182.304714
FJD 2.673278
FKP 0.876507
GBP 0.876073
GEL 3.160551
GGP 0.876507
GHS 13.505539
GIP 0.876507
GMD 86.199295
GNF 10212.016669
GTQ 8.993044
GYD 245.691397
HKD 9.122608
HNL 30.940544
HRK 7.53222
HTG 153.794229
HUF 385.778924
IDR 19582.573348
ILS 3.789201
IMP 0.876507
INR 105.893078
IQD 1538.448008
IRR 49399.146865
ISK 147.995144
JEP 0.876507
JMD 188.486533
JOD 0.831511
JPY 181.991394
KES 151.226201
KGS 102.55723
KHR 4702.179931
KMF 492.554939
KPW 1055.474962
KRW 1735.464253
KWD 0.359705
KYD 0.978677
KZT 605.335863
LAK 25442.795245
LBP 105164.352354
LKR 363.536961
LRD 207.864306
LSL 19.721186
LTL 3.462825
LVL 0.709385
LYD 6.362446
MAD 10.746727
MDL 19.776195
MGA 5305.177102
MKD 61.535274
MMK 2462.499847
MNT 4159.55763
MOP 9.41009
MRU 46.575541
MUR 54.005329
MVR 18.072469
MWK 2036.313462
MXN 21.065457
MYR 4.791838
MZN 74.950137
NAD 19.721186
NGN 1704.791285
NIO 43.218125
NOK 11.959003
NPR 170.753025
NZD 2.030505
OMR 0.450919
PAB 1.174347
PEN 3.955921
PGK 4.992697
PHP 68.680904
PKR 329.11566
PLN 4.216211
PYG 7887.915449
QAR 4.281779
RON 5.091849
RSD 117.371155
RUB 92.705885
RWF 1709.856384
SAR 4.398673
SBD 9.573626
SCR 16.573783
SDG 705.411284
SEK 10.921847
SGD 1.515386
SHP 0.879866
SLE 27.90959
SLL 24591.977696
SOS 671.183772
SRD 45.359637
STD 24273.549601
STN 24.459322
SVC 10.275954
SYP 12968.817782
SZL 19.704314
THB 36.88356
TJS 10.792352
TMT 4.116351
TND 3.429397
TOP 2.8237
TRY 50.099067
TTD 7.966785
TWD 37.020192
TZS 2899.859147
UAH 49.525635
UGX 4181.046614
USD 1.17275
UYU 45.943592
UZS 14239.318971
VES 320.446921
VND 30897.848168
VUV 142.444302
WST 3.259438
XAF 654.867907
XAG 0.017685
XAU 0.00027
XCD 3.169414
XCG 2.116489
XDR 0.814446
XOF 654.870694
XPF 119.331742
YER 279.524973
ZAR 19.649713
ZMK 10556.150373
ZMW 26.981243
ZWL 377.624903
  • SCS

    0.0200

    16.14

    +0.12%

  • CMSC

    0.0400

    23.34

    +0.17%

  • RIO

    0.1700

    75.99

    +0.22%

  • GSK

    -0.4600

    48.78

    -0.94%

  • NGG

    -0.2600

    75.77

    -0.34%

  • BCE

    -0.2800

    23.33

    -1.2%

  • BP

    -1.4900

    33.76

    -4.41%

  • BTI

    -0.4500

    57.29

    -0.79%

  • BCC

    0.5100

    75.84

    +0.67%

  • RYCEF

    -0.3100

    14.64

    -2.12%

  • RBGPF

    0.4100

    82.01

    +0.5%

  • VOD

    0.0000

    12.7

    0%

  • AZN

    -0.2100

    91.35

    -0.23%

  • CMSD

    0.0150

    23.38

    +0.06%

  • RELX

    -0.2600

    40.82

    -0.64%

  • JRI

    -0.0500

    13.51

    -0.37%

JD Vance puts Europe, China on notice at AI summit
JD Vance puts Europe, China on notice at AI summit / Photo: Ian LANGSDON - AFP

JD Vance puts Europe, China on notice at AI summit

US Vice President JD Vance on Tuesday warned European allies against over-regulating the US-dominated artificial intelligence sector and China against using the technology to tighten its grip on citizens and allies.

Text size:

Speaking at a global AI summit aimed at finding common ground on the emergence of a technology set to shake up global business and society, Vance struck a more confrontational tone than other leaders in the room.

"Excessive regulation... could kill a transformative sector just as it's taking off," Vance told global leaders and tech industry chiefs in the opulent surroundings of the French capital's Grand Palais.

"We need international regulatory regimes that fosters the creation of AI technology rather than strangles it," he added, calling on Europe to show "optimism rather than trepidation".

India's Prime Minister Narendra Modi, co-hosting with French President Emmanuel Macron, had minutes earlier called for "collective, global efforts to establish governance and standards that uphold our shared values, address risks and build trust".

Future AI would need to be "free from biases" and "address concerns related to cybersecurity, disinformation and deepfakes" to benefit all, he added.

Vance, by contrast, said it was not up to national capitals to "prevent a grown man or woman from accessing an opinion that the government thinks is misinformation".

The US vice president also took a thinly veiled shot at China, saying "authoritarian regimes" were looking to use AI for increased control of citizens at home and abroad.

"Partnering with them means chaining your nation to an authoritarian master that seeks to infiltrate, dig in and seize your information infrastructure," Vance said.

Chinese startup DeepSeek rattled the AI sector last month by unveiling a sophisticated chatbot that it claims was developed on a relatively low budget. A growing number of countries have taken steps to block the app from government devices over security concerns.

Vance also pointed to "cheap tech... heavily subsidised and exported by authoritarian regimes", referring to surveillance cameras and 5G mobile internet equipment widely sold abroad by China.

- Hundreds of billions lined up -

President Donald Trump's deputy left the venue immediately after his speech as other speakers including European Commission chief Ursula von der Leyen and Google boss Sundar Pichai took the stage.

Von der Leyen said Brussels would push to mobilise 200 billion euros ($206 billion) for AI investments in Europe, with 50 billion euros to come from the EU's budget and the rest from "providers, investors and industry".

Following Macron's trumpeting Monday of 109 billion euros of investment into French AI projects and the $500-billion US "Stargate" programme led by developer OpenAI, the vast figure underscored the resources needed to compete on catching the next technological wave.

Overnight, the Wall Street Journal had reported a near-$100 billion bid to buy ChatGPT maker OpenAI from a consortium headed by Elon Musk.

If successful, the deal would compound the tech influence of the world's richest man, already boss of X, Tesla, SpaceX and his own AI developer xAI as well as a Trump confidant.

Sam Altman, the OpenAI chief set to speak in Paris later Tuesday, responded to the reported offer with a dry "no thank you" on X.

Vance did not comment directly on the prospective deal.

But while he said the Trump administration would "ensure that American AI technology continues to be the gold standard worldwide", he also took aim at heavyweight tech "incumbents" who he said pushed for regulation that could strangle emerging challengers.

Rather than only benefiting big players, "we believe, and we will fight for policies that ensure, that AI is going to make our workers more productive", Vance said.

"We expect that they will reap the rewards with higher wages, better benefits, and safer and more prosperous communities," he added.

For now, AI is mostly replacing humans in clerical jobs disproportionately held by women, International Labour Organization head Gilbert Houngbo said on Monday.

That risks widening the gender pay gap even though more jobs are being created than destroyed by AI on current evidence, he added.

- 'Existential risk' -

Suspense remained as the AI summit drew to a close Tuesday on the language and signatories of a final statement.

Media reports suggest that neither Britain nor the United States -- two leading countries for AI development -- will sign a planned joint declaration as it stands.

Outside observers criticised an alleged leaked draft of the joint statement for failing to mention AI's suspected threat to humanity's future as a species.

The supposed draft "fails to even mention these risks" said Max Tegmark, head of the US-based Future of Life Institute, which has warned of AI's "existential risk".

T.Musil--TPP