..when it comes to AI, Europe is not leading the charge. This is a serious problem, since by not having viable European AI solutions, Europe will be forced to accept cultural and ethical embedding from AI developed in other parts of the world.
Europe has been at the forefront of every industrial revolution, including the digital one up to the emergence of the internet. Past decades of European ingenuity and industrial policy have brought us Airbus, Ariane, pressurised nuclear reactors, complex medical imaging devices.
Whilst it’s true that the US and China dominate the global AI marketplace, Europe definitely shouldn’t be counted out yet. Europe’s current position should not be mistaken for a lack of talent or a lack of technological potential. Several European hubs based in cities across the continent do indeed harbour a rich pool of AI talent, scientific excellence, and commitment to responsible AI development, which can forge a path towards trustworthy AI, rooted in humanitarian and democratic values.
What’s key is that Europe doubles down on investments in these hubs and helps them to become better connected to each other. On top of this, there are many other policy ingredients missing that Europe needs to address before it can become a true AI competitor. After a look at some key figures and data, this CEPS Explainer outlines some broader policy suggestions on how Europe can start to get its feet truly into the AI game.
This CEPS Explainer was drafted as a contribution for the European Commission’s Expert group on the economic and societal impact of research and innovation (ESIR), of which Andrea Renda and Pierre-Alexandre Balland are both members. ESIR’s 16 experts provide evidence-based and independent policy advice to the Commission on how to develop a forward-looking and transformative research and innovation policy.
All figures contained in this Explainer are fully interactive – just click on the link for each figure.
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