Artificial intelligence: huge potential if ethical risks are addressed

The draft text, presented today by the rapporteur, says that the public debate should shift towards a focus on the enormous potential of AI, which offers humankind the unique chance to improve almost every area of our lives. AI could help combat climate change, pandemics and global hunger, and enhance quality of life through personalised medicine. According to the draft document, AI can substantially increase productivity, innovation, growth and job creation. The EU should not regulate AI as a technology; instead, the type, intensity and timing of regulatory intervention should solely depend on the type of risk associated with a particular use of an AI system. The text warns that the EU is currently falling behind in the global tech race that will determine the future political and economic global power balance.