Brussels, 10 September 2021 – Small Business Standards (SBS), the association representing European small and medium-sized enterprises (SMEs) in standardiz
ation, welcomes the European Commission’s initiative to drive forward Artificial Intelligence (AI) as one of the main pillars for digital transformation. While SBS generally welcomes a harmonised approach to regulating AI in the EU and recognises the importance of ethical AI for both for EU citizens and businesses, it believes that the proposal, in its current form, is likely to hamper innovation and overburden SMEs.