🌐 **Renew Conference on AI Competition**
On February 19, the Renew Europe Group hosted a conference dedicated to competition issues in the field of artificial intelligence. At the invitation of Stéphanie Yon Courtin, this event brought together various speakers to discuss the challenges related to AI in terms of competition and market restriction.
**Overview of the Issues**
Karen Melchior, fictitious rapporteur for the Renew Group on artificial intelligence in the JURI committee, emphasized the importance and sui generis nature of this legislation. As the world's first regulation on AI, it is time to address the issue of major corporate monopolies.
Stéphanie Yon Courtin also stressed the importance of AI benefiting everyone, ensuring it is not a technology in the hands of a few companies, "a monopoly, and preventing other companies from using it." Thus, it is necessary to strengthen the anti-trust dimension to prevent the dominance of large tech companies. Strategic investments and partnerships raise concerns about the risk of reinforcing the position of the GAFAM. In the annual competition report, for which French MEP Stéphanie Yon-Courtin is rapporteur, Parliament called for the use of the Digital Services Act legislation to address these issues.
Margrethe Vestager stated that it was essential to "shine a spotlight on AI and competition to shape emerging markets and ensure that competition can thrive, a greater engine of innovation, allowing consumers to enjoy affordable prices. These markets must develop in accordance with our values and rules."
According to her, the EU must also equip itself with a resilient framework to deal with foreign interference. In this regard, the Commission will soon unveil a communication on its defense strategy. The goal is to develop a common security potential to control external investments, predatory operations in order to avoid the loss of European technologies.
Internationally, the European Union continues to strive to use its normative power with the CCT, whose next ministerial meeting will be held in April. The aim is to continue to converge visions by adopting a similar risk-based approach and to adopt the same terminology to frame access to markets and avoid the monopoly of large companies and to maintain a sufficient framework for protecting democratic life during electoral periods against deepfakes, disinformation, and foreign interference by adopting a chain of responsibility.
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🚀 #RenewIAConf #ArtificialIntelligence #EU #Competition #Technology #Innovation #Regulation #GAFAM #DigitalMarketAct #Deepfake #Disinformation #ForeignInterference
Associate Professor at the Institute for Information Law
5moThere is an important role for public scrutiny and democratic accountability too in the algorithmic society for which a serious level of transparency is indispensable. Especially in the public sector but also other situations affecting individuals and societal values.