Spain's PM Urges Strict AI Rules to Prevent 'Tech Oligarch' Control

Spanish Prime Minister Pedro Sanchez has called for strict artificial intelligence regulation to prevent the technology from falling under the control of tech companies and so-called "technology oligarchs." Sanchez argued that historical experience shows industry self-regulation "does not work," stating that the interests of those controlling the sector will never align with public interests. He emphasized the need for clear, collectively developed rules based on shared values. The prime minister urged urgent action, describing unregulated AI as a "panicked rush" rather than a race, with the entire process concentrated in the hands of a few individuals.