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Companies in Europe have received far lesser funding—by 10-fold—compared to their rivals across the Atlantic. Europe is falling behind in generative AI, with the U.S. light years ahead. But ...
The bloc’s AI Act has broken ground as the most comprehensive rule book on AI so far. All the acts and their acronyms can feel like a lot to keep up with for mere mortals, even for the tech ...
Europe has more exposure to the disruption created by AI, according to the International Monetary Fund. Developed countries with knowledge workers will be more affected, but also more able to take ...
This is especially true for companies in Central and Eastern Europe. [2] [3] [4] Other digital technologies, such as platforms or big data, are projected to have a more neutral impact on employment. [2] [4] A large number of tech workers have been laid off starting in 2023; [5] many such job cuts have been attributed to artificial intelligence. [6]
On February 2, 2020, the European Commission published its White Paper on Artificial Intelligence – A European approach to excellence and trust. [97] [98] The White Paper consists of two main building blocks, an 'ecosystem of excellence' and a 'ecosystem of trust'. The 'ecosystem of trust' outlines the EU's approach for a regulatory framework ...
Industrial artificial intelligence, or industrial AI, usually refers to the application of artificial intelligence to industry and business. Unlike general artificial intelligence which is a frontier research discipline to build computerized systems that perform tasks requiring human intelligence, industrial AI is more concerned with the application of such technologies to address industrial ...
European Union officials worked into the late hours last week hammering out an agreement on world-leading rules meant to govern the use of artificial intelligence in the 27-nation bloc. The ...
The world's biggest technology companies have embarked on a final push to persuade the European Union to take a light-touch approach to regulating artificial intelligence as they seek to fend off ...