FOXNews Politics | 14:15 09-12-2025 | Politics
Michael Kratsios, advisor to the White House on science and technology, has underlined the importance of G7 nations easing regulatory obstacles linked to Artificial Intelligence (AI). He believes that taking this step is integral in avoiding the derailment of necessary technological progress. Kratsios has communicated his concern that the creation of expansive regulatory rulebooks may inadvertently bog down scientific advancements.
The White House representative believes tangled bureaucratic procedures can hinder the smooth progression of scientific developments. Extensive regulatory frameworks, while seeking to ensure the safe application of AI, might compromise the pace of innovation. An implication of this could be losing out on the benefits of the technology, which would be a significant blow to socio-economic progress.
Kratsios has made it clear that it is crucial for the most economically advanced countries in the world to not slow advancement in this burgeoning field. AI possesses substantial potential for socio-economic transformation, and any steps that discourage its development can be counter-productive. Therefore, a strict bureaucratic approach may restrict the expansion of AI technology.
In conclusion, the U.S. administration’s science and technology advisor, Michael Kratsios, advocates a balanced approach towards AI regulation. He emphasizes that regulations should not serve as hurdles which impair the speed of innovation. A streamlined process for approving advancements is needed to ensure growth in AI technology and tap into its unexplored potential.