JD Vance and Ursula von der Leyen (Image: Getty)
US vice-president JD Vance slammed EU regulation, claiming it “never pays off in the long term” at a speech during an AI summit in Paris.
And he warned excessive red tape risked “killing a transformative industry”.
The 40-year-old vice president, who was just 18 months into his tenure as a senator before joining Trump’s ticket, pushed back on European efforts to tighten AI oversight while advocating for a more open, innovation-driven approach while in Paris.
The AI summit has drawn world leaders, top tech executives, and policymakers to discuss artificial intelligence’s impact on global security, economics, and governance. High-profile attendees include Chinese Vice Premier Zhang Guoqing, signalling Beijing’s deep interest in shaping global AI standards.
Mr Vance told leaders including European Commission President Ursula von der Leyen: “Number one, this administration will ensure that American AI technology continues to be the gold standard worldwide, and we are the partner of choice for others foreign countries and certainly businesses, as they expand their own use of AI.
The AI race is just beginning.Building on the European AI Champions initiative, I’m glad to announce InvestAI ????????????We aim to mobilise €200 billion in AI investments in Europe ↓
— Ursula von der Leyen (@vonderleyen)
“Number two, we believe that excessive regulation of the AI sector could kill a transformative industry just as it’s taking off, and will make every effort to encourage pro grade growth AI policies, and I like to see that deregulatory flavor making its its way into a lot of the conversations this this conference.
“Number three, we feel very strongly that AI must remain free from ideological bias, and that American AI will not be co opted into a tool for authoritarian censorship.
“And finally, number four, the Trump administration will maintain a pro worker growth path for AI, so it can be a potent tool for job creation in the United States. And I appreciate Prime Minister Modi’s point. Ai i really believe will facilitate and make people more productive. It is not going to replace human beings. It will never replace human beings.
“And I think too many of the leaders in the AI industry when they talk about this fear of replacing workers, I think they really missed a point.”
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