Europe promotes sovereign, trusted AI as it struggles to catch US and China
At an international AI summit in Dublin, European leaders promoted trusted and independent AI. Critics question whether the EU can close the gap with the US and China while maintaining strict regulation.
Europe is pushing for a self-sufficient, trusted artificial intelligence (AI) industry as it strives to rival the United States and China. Former ECB President Mario Draghi emphasized AI as Europe's most promising avenue for economic growth, lamenting the EU's limited control over the value chain. At an Irish-hosted AI summit, the focus was on harnessing AI for competitiveness, while acknowledging the need for robust regulation and safety measures.
Ireland's Prime Minister, Micheal Martin, stressed the country's commitment to AI, highlighting the EU's resolve to balance innovation with human-centered AI principles. The EU unveiled its first enforcement actions under the new AI Act, requesting data from advanced AI model providers. However, concerns about environmental impact and job losses were not prominent in the discussions.
Critics argue that the EU faces significant challenges in catching up with the US and China in AI development due to its limited computing capacity and chip production. The Irish government presented a policy document, the Dublin Declaration, outlining political commitments to bolster Europe's AI capabilities, such as infrastructure investment and financial support for AI companies.
Nonetheless, some, like Ryanair CEO Eddie Wilson, doubt Brussels' ability to regulate AI without hindering innovation, expressing concerns about the speed at which tech companies might pivot to US or Chinese AI supply chains.
Written by urgent.news from DW Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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