HANOVER, Germany, April 19 (Reuters) - Germany's Chancellor Friedrich Merz said on Sunday that artificial intelligence for industrial use will require more regulatory freedom in the European Union
Germany Pushes for Looser EU Industrial AI Rules to Enhance Productivity
Germany Advocates Regulatory Changes for Industrial AI in the EU
Chancellor Friedrich Merz Calls for Regulatory Freedom
HANOVER, Germany, April 19 (Reuters) - Germany's Chancellor Friedrich Merz said on Sunday that artificial intelligence for industrial use will require more regulatory freedom in the European Union than other AI areas such as consumer use to boost productivity.
Speech at Hannover Messe Highlights Industrial AI
"I will push to ease the regulatory burden in the EU on AI and, where possible, to exempt industrial AI from the current regulatory straightjacket that is too tight for AI within the European Union," Merz said in a speech at the annual industrial fair Hannover Messe.
Expected Benefits of Industrial AI
"AI will contribute to greater efficiency and productivity, optimised use of resources and, above all, reduced costs," he added.
Germany’s Strategy to Compete Globally in AI
Efforts to Catch Up with Global Leaders
Germany has been eager to catch up with dominant AI players the United States and China in a global race to master a transformational technology and attract high-income jobs.
Investment Plans for AI Data Processing
Last month, Berlin unveiled plans to encourage investments to boost AI data processing capacity at least fourfold by 2030.
Reporting and Editing Credits
(Reporting by Andreas Rinke;Writing by Ludwig Burger; Editing by Lisa Shumaker)
