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

EUR -
AED 4.12089
AFN 72.378676
ALL 90.791106
AMD 404.160409
ANG 2.008309
AOA 1028.961022
ARS 1706.495892
AUD 1.595925
AWG 2.022576
AZN 1.910134
BAM 1.955608
BBD 2.254679
BDT 138.446438
BGN 1.961233
BHD 0.422457
BIF 3355.556343
BMD 1.122095
BND 1.430853
BOB 13.181709
BRL 5.576348
BSD 1.11949
BTN 106.219595
BWP 15.421489
BYN 3.286949
BYR 21993.063597
BZD 2.251359
CAD 1.571444
CDF 2598.77242
CHF 0.924225
CLF 0.028291
CLP 1117.101532
CNY 7.493407
CNH 7.483235
COP 3546.403947
CRC 510.847682
CUC 1.122095
CUP 26.866608
CVE 110.253708
CZK 24.35182
DJF 199.340473
DKK 7.474432
DOP 68.662968
DZD 150.487588
EGP 61.708484
ERN 16.831426
ETB 182.083486
FJD 2.51035
FKP 0.838999
GBP 0.838598
GEL 2.906091
GGP 0.838999
GHS 12.979671
GIP 0.838999
GMD 83.035333
GNF 9906.985383
GTQ 8.557162
GYD 234.455988
HKD 8.802174
HNL 30.054324
HRK 7.533408
HTG 146.714974
HUF 366.767853
IDR 20320.01983
ILS 3.484722
IMP 0.838999
INR 106.513248
IQD 1697.0262
IRR 2056098.974572
ISK 136.41344
JEP 0.838999
JMD 177.662596
JOD 0.795582
JPY 175.956871
KES 145.670553
KGS 98.125641
KHR 4573.592738
KMF 493.159523
KPW 1009.88553
KRW 1483.129279
KWD 0.348624
KYD 0.932904
KZT 508.267946
LAK 25190.756854
LBP 100244.986797
LKR 371.7169
LRD 190.861304
LSL 18.546948
LTL 3.313255
LVL 0.678744
LYD 7.169298
MAD 10.995723
MDL 20.206201
MGA 5062.504086
MKD 61.598966
MMK 2356.233024
MNT 4038.414204
MOP 9.043753
MRU 44.738418
MUR 52.917783
MVR 17.348072
MWK 1941.109852
MXN 20.984744
MYR 4.582666
MZN 71.705102
NAD 18.546701
NGN 1515.142505
NIO 41.195781
NOK 10.45585
NPR 169.952866
NZD 1.967224
OMR 0.429018
PAB 1.11939
PEN 3.844506
PGK 5.013487
PHP 71.662628
PKR 309.777155
PLN 4.404728
PYG 6474.365782
QAR 4.0806
RON 5.346742
RSD 117.486397
RUB 91.444081
RWF 1653.937983
SAR 4.201951
SBD 9.060446
SCR 15.663396
SDG 674.927892
SEK 11.135857
SGD 1.434043
SHP 0.838542
SLE 25.752462
SLL 23529.777745
SOS 639.737332
SRD 42.222196
STD 23225.102685
STN 24.497491
SVC 9.794997
SYP 14589.479895
SZL 18.546183
THB 37.909925
TJS 10.315689
TMT 3.938554
TND 3.342773
TOP 2.701735
TRY 55.843313
TTD 7.606323
TWD 36.558534
TZS 2967.984136
UAH 50.679436
UGX 4931.494945
USD 1.122095
UYU 44.895602
UZS 13396.627994
VES 987.206795
VND 29009.524141
VUV 133.295466
WST 3.105725
XAF 655.957
XAG 0.020713
XAU 0.000279877254
XCD 3.032518
XCG 2.017493
XDR 0.793379
XOF 655.957
XPF 119.331742
YER 264.924107
ZAR 18.640075
ZMK 10100.198334
ZMW 22.506795
ZWL 361.314158
SSP 6446.772597
MXV 2.368402
  • RBGPF

    2.6200

    72.77

    +3.6%

  • RIO

    -0.7200

    83.42

    -0.86%

  • BTI

    -0.9900

    59.48

    -1.66%

  • RYCEF

    -1.7500

    15.26

    -11.47%

  • CMSC

    0.0000

    19.6

    0%

  • BCE

    -0.4100

    20.4

    -2.01%

  • NGG

    -0.7800

    81.86

    -0.95%

  • CMSD

    0.1800

    19.78

    +0.91%

  • GSK

    -0.4600

    50.75

    -0.91%

  • AZN

    -1.0800

    171.49

    -0.63%

  • RELX

    -0.0800

    40.54

    -0.2%

  • BCC

    -0.5500

    77.74

    -0.71%

  • VOD

    -0.3800

    15.74

    -2.41%

  • BP

    1.2700

    51.32

    +2.47%

  • JRI

    0.0700

    10.75

    +0.65%

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