Les Entretiens reposted this
Listening to Eric Schmidt, former Google CEO, delivering his sobering and unsurprising assessment of Europe's place in the global Artificial Intelligence race: in short, the old continent is going to lose. Too much regulation, passed too early. Excessively high energy prices. And not enough risk capital. A bleak but largely realistic picture... #ArtificialIntelligence #AIAct #EU #growth #DraghiReport Les Entretiens
However, this begins from the perspective that “Tech is Good” but there are many in the world that think “Tech is Bad” and that AI is “Unfettered Tech”. The battle between Unfettered Tech and Regulated Tech is only just beginning.
Very true, after all innovation cannot be cultivated in environments where the worst is imagined and brainstormed before it even happening... I suppose continents and people would always be apprehensive of changes especially if they are "seasoned" but I'm glad be don't use telegrams and faxes anymore :D
General Secretary, Ipsos. Member of the Group Management Committee
5dSo, what do we do? Many of the solutions are already known. Based on the discussions that followed: • Axe a lot of regulation - while preserving the essentials around privacy, protection of children and vulnerable people... • Really move forward towards an integrated EU capital market. • Develop a stronger European industrial policy, promoting at last the emergence of European champions. We need a better balance between that and antitrust policies. • More industrial patriotism? Buy European to support European business. They do it in the US... • Fewer public subsidies to innovative firms but more government contracts to help them develop and grow. • A new Airbus: European giants, supported by government contracts and by an integrated European domestic market. Tearing down regulatory, financial and political barriers between countries - as we did with Airbus. Any more ideas? Thanks to Jerome Chartier and the Les Entretiens de Royaumont for another edition full of great interactions with interesting - and nice - people.