Amodei, Altman, and Musk have advocated for a measured approach to AI development, urging a slowdown to mitigate potential risks. However, this stance has been met with skepticism from European companies and policymakers. European businesses contend that certain market players are leveraging concerns over risks as a guise to advocate for regulations that would ultimately serve their own interests. Considering Europe's substantial reliance on US AI models, numerous companies are cautious about further entrenching their dependence on the US and worry that such regulations might hinder open innovation.

The CEO of the US-based company Hugging Face has voiced opposition to imposing restrictions on AI development, instead endorsing the establishment of independent internal evaluation systems. Certain academics have suggested that Amodei's proposal could amount to 'regulatory capture', a situation where regulatory agencies are dominated by the industries they are charged with regulating. Prominent figures and industry groups from the EU, UK, France, and Germany have also raised concerns, emphasizing that Europe should prioritize addressing its technological deficiencies and strive for digital autonomy.