The need to reduce bureaucracy and improve access to financing for small and medium-sized enterprises so that Europe can lead the way rather than merely observe the development of artificial intelligence from afar, Dimitris Tsiodras emphasized in his speech to the European Parliament plenary.
He added that for thousands of businesses, the regulatory burden remains suffocating, stressing that “valuable resources that could be invested in innovation, growth, and job creation are being spent on dealing with complex administrative obligations.”
The MEP and spokesperson for the New Democracy Eurogroup noted that “there certainly needs to be a framework for Artificial Intelligence,” but added that this framework should facilitate its development and not create obstacles through excessive bureaucracy.
Dimitris Tsiodras concluded by emphasizing that “this is precisely what we are seeking to achieve with the Omnibus Digital Simplification Package for Artificial Intelligence,” the adoption of which sends the message that Europe can simplify its rules, reduce bureaucracy, and at the same time maintain high levels of protection for citizens.
The text of the statement follows:
Today’s agreement sends an important message: Europe can simplify its rules, reduce bureaucracy, and at the same time maintain high levels of protection for citizens.
This is exactly what we are seeking to achieve with the Digital Omnibus on Artificial Intelligence.
Of course, there must be a framework for Artificial Intelligence. But it must facilitate its development and not create obstacles through excessive bureaucracy.
For thousands of small and medium-sized enterprises, the regulatory burden remains suffocating.
Valuable resources that could be invested in innovation, growth, and job creation are being wasted on dealing with complex administrative obligations.
If we want Europe to lead the way rather than watch from the sidelines as Artificial Intelligence develops, we need less bureaucracy and better access to financing, especially for small and medium-sized enterprises.
Artificial Intelligence and bureaucracy don’t mix!