The European strategy of regulation on artificial intelligence JD Supra

#artificialintelligence 

On 12 February 2019, the European Parliament adopted a Resolution on a comprehensive European industrial policy on artificial intelligence (AI) and robotics1. After describing AI as "one of the strategic technologies of the 21st century"2, the European Parliament presented several recommendations to the Member States. This Resolution underlines the need to close the European gap with North America and Asia-Pacific, and promotes a coordinated approach at the European level "to be able to compete with the massive investments made by third countries, especially the US and China"3. Europe is well behind in private investments in AI, with €2.4 to €3.2 billion in 2016, as opposed to €6.5 to €9.7 billion in Asia-Pacific and €12.1 to €18.6 billion in North America. To address this challenge, the European Parliament develops a general approach based on a strategic regulatory environment for AI and encourages strong user protections.

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