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According to the news on December 11, after EU lawmakers reached an agreement on artificial intelligence regulation last Friday, technology conglomerate DigitalEurope said that the EU's "Artificial Intelligence Act" will create additional compliance requirements, which will increase the cost of enterprises to develop artificial intelligence systems. If done right, the bill will help drive AI applications and innovation in Europe. But the group is concerned about the costs the bill will incur, especially for small companies. "These new requirements, combined with other sweeping new laws like the Data Act, will require businesses to spend significant resources to comply, which will be used to hire lawyers, not AI engineers."

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