The G20 Innovation Ministers' Meeting, bringing together 20 countries and regions, opened. Participating online, Musk criticized excessive technology regulation for slowing progress and singled out the EU as having exceptionally high regulatory standards.
The G20 Innovation Ministers' Meeting opened in Chapel Hill, North Carolina, with U.S. businessman Elon Musk participating online. At the meeting, Musk criticized excessive regulation of innovative technologies.
Musk reportedly singled out the EU for criticism, expressing the view that its regulatory standards were exceptionally high. Although he did not name any specific regulations, the remarks were reported as part of the latest developments.
As background to the remarks, Musk indicated that new technologies should in principle be considered legal rather than illegal. He is believed to have cited strengthened oversight of generative AI developers from August as an example.