The vice president said the world had better follow the U.S.’s lead in both model development and its hands-off regulatory approach.

PARIS — U.S. Vice President J.D. Vance on Tuesday warned global leaders and tech industry executives that “excessive regulation” could cripple the rapidly growing artificial intelligence industry in a rebuke to European efforts to curb AI’s risks.

Leading A.I. expert James Altucher reflects on Vice President JD Vance’s artificial intelligence summit speech on ‘The Story,’