As the Co-CEO of SAP, Christian Klein recently shared his thoughts on the regulation of artificial intelligence (AI) in Europe. In an interview with CNBC, Klein emphasized the importance of focusing on the outcomes of AI technology rather than overregulating it. He highlighted that excessive regulation could hinder Europe’s competitiveness in the global AI sector, especially when compared to regions like the U.S. and China.
Klein stressed the significance of training algorithms and embedding AI use cases that deliver positive outcomes for employees and society. He also mentioned the importance of cultivating a conducive environment for startups in Europe to thrive and compete on a global scale. By prioritizing the results of AI technology and fostering a supportive ecosystem, Europe can position itself as a key player in the AI industry.
SAP’s recent financial results further underscore the company’s commitment to cloud computing and AI innovation. With a focus on cloud products and AI integration, SAP has experienced significant growth in revenue and profitability. The company’s strategic acquisitions and restructuring initiatives demonstrate its dedication to staying at the forefront of technological advancements.
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