{"id":151374,"date":"2024-05-13T03:00:02","date_gmt":"2024-05-13T01:00:02","guid":{"rendered":"https:\/\/www.cde.ual.es\/?p=151374"},"modified":"2024-05-10T12:03:07","modified_gmt":"2024-05-10T10:03:07","slug":"artificial-intelligence-is-the-eus-grand-plan-succeeding","status":"publish","type":"post","link":"https:\/\/www.cde.ual.es\/en\/artificial-intelligence-is-the-eus-grand-plan-succeeding\/","title":{"rendered":"Artificial intelligence: is the EU&#8217;s grand plan succeeding?"},"content":{"rendered":"<div class=\"lead\">\n<p class=\"lead\" style=\"text-align: justify;\"><span class=\"strong\">Imagine we asked a chatbot what would determine the path of the EU\u2019s future economic development. Its answer would likely be \u201cAI\u201d. Politicians and experts might struggle to come up with a better answer. In 2018, the European Commission adopted a coordinated plan with the member states\u00a0<\/span><span class=\"strong\">\u2012<\/span><span class=\"strong\">\u00a0reviewed in 2021\u00a0<\/span><span class=\"strong\">\u2012<\/span><span class=\"strong\">\u00a0to scale up investment in AI and adapt the legal framework. The aim was to set the EU on a path to becoming a global leader in AI in the face of fierce competition, especially from the United States and China. The ECA auditors assessed whether the Commission has followed through with these plans, and analysed its role in contributing to the development of a European AI\u00a0ecosystem. In other words, are the EU\u2019s efforts enough not to miss the boat in this major technological revolution?<\/span><\/p>\n<\/div>\n<p><a href=\"https:\/\/www.cde.ual.es\/wp-content\/uploads\/2024\/05\/d80d9778-3b71-43e2-a28b-05e9f4d3913d.jpg\"><img decoding=\"async\" class=\"aligncenter wp-image-151371\" src=\"https:\/\/www.cde.ual.es\/wp-content\/uploads\/2024\/05\/d80d9778-3b71-43e2-a28b-05e9f4d3913d.jpg\" alt=\"\" width=\"600\" height=\"600\" srcset=\"https:\/\/www.cde.ual.es\/wp-content\/uploads\/2024\/05\/d80d9778-3b71-43e2-a28b-05e9f4d3913d.jpg 1024w, https:\/\/www.cde.ual.es\/wp-content\/uploads\/2024\/05\/d80d9778-3b71-43e2-a28b-05e9f4d3913d-300x300.jpg 300w, https:\/\/www.cde.ual.es\/wp-content\/uploads\/2024\/05\/d80d9778-3b71-43e2-a28b-05e9f4d3913d-150x150.jpg 150w, https:\/\/www.cde.ual.es\/wp-content\/uploads\/2024\/05\/d80d9778-3b71-43e2-a28b-05e9f4d3913d-768x768.jpg 768w, https:\/\/www.cde.ual.es\/wp-content\/uploads\/2024\/05\/d80d9778-3b71-43e2-a28b-05e9f4d3913d-120x120.jpg 120w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p style=\"text-align: justify;\">Artificial intelligence is a technology that promises to transform economies, boost growth and address societal challenges, but it also carries inherent safety risks and could potentially disrupt the economy and society. AI encompasses various evolving technologies that develop synergies with other emerging trends (e.g. in robotics, big data and cloud computing, high-performance computing, photonics, and neuroscience). A major development was the creation of machine learning algorithms which could not only learn from large volumes of data by using specialised processors, but also improve their own accuracy over time.<\/p>\n<p style=\"text-align: justify;\">Since AI is a breakthrough technology, efficient investment and proper regulation will be key factors in determining the speed of economic growth in the years to come. The global AI\u00a0market is projected to grow by 15.8\u00a0% annually over the 2024-2030 period\u00a0\u2012\u00a0to \u20ac680\u00a0billion in 2030. Several countries worldwide have set themselves the strategic objective of becoming leaders in the development and deployment of AI. The US has long been a front runner in the AI race, with Silicon Valley being a global hub for AI innovation. China has also drawn up a development plan to invest public funds in AI and become the global leader in the field by 2030.<\/p>\n<table style=\"width: 99.9988%; border-collapse: collapse; border-style: double; border-color: #001f7d;\" cellpadding=\"0,5\">\n<tbody>\n<tr>\n<td style=\"width: 100%;\"><a href=\"https:\/\/www.cde.ual.es\/europa-puede-perder-la-carrera-por-las-baterias\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignleft\" src=\"https:\/\/www.cde.ual.es\/wp-content\/uploads\/2023\/06\/michael-marais-HjV_hEECgcM-unsplash-scaled.jpg\" alt=\"\" width=\"201\" height=\"134\" \/><\/a><\/p>\n<h4 class=\"entry-title\"><a href=\"https:\/\/www.cde.ual.es\/europa-puede-perder-la-carrera-por-las-baterias\/\" target=\"_blank\" rel=\"noopener\">Seg\u00fan el Tribunal de Cuentas Europeo, Europa puede perder la carrera por las bater\u00edas<\/a><\/h4>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\">In the EU, member states have primary responsibility for promoting AI\u00a0innovation and uptake. The EU plays a role in fostering digital consumer trust by harmonising national rules on digital aspects such as AI\u00a0regulation and data sharing. In addition, the Commission has aimed to support the AI\u00a0ecosystem financially, mainly through the EU\u2019s research and digital programmes. Through its 2018 coordinated plan on the development and use of artificial intelligence made in Europe, the Commission designed the EU\u2019s path to becoming a global leader in AI. This plan was reviewed in 2021. The main goal was to develop an AI ecosystem of trust and excellence in the EU. The EU\u2019s targets for private and public investment in AI were \u20ac20\u00a0billion in total over the 2018-2020\u00a0period and \u20ac20\u00a0billion each year over the following decade. The Commission committed to increasing EU-funded investment in AI\u00a0research and innovation (R&amp;I) to \u20ac1.5\u00a0billion in 2018-2020 and \u20ac1\u00a0billion per year in 2021-2027. In terms of national public financing in AI\u00a0strategies, France and Germany announced the largest national investments.<\/p>\n<p style=\"text-align: justify;\">To assess the effectiveness of the Commission\u2019s contribution to the development of the EU\u2019s AI ecosystem, the ECA auditors (not bots!) examined the Commission\u2019s actions to coordinate the 2018 and 2021 EU AI plans. They also assessed the implementation of EU-funded AI R&amp;I and measures to promote the deployment and scaling-up of AI innovations. Their main questions were whether the EU\u2019s efforts have stimulated investment in AI, whether the EU has invested enough and on a par with other global leaders into this revolutionary technology, and whether EU-funded measures for deploying and scaling up AI innovations have been effective.<\/p>\n<p style=\"text-align: justify;\">The audit will offer an insight into the performance of the EU AI plans, which could be instrumental in future revisions or in debates about other EU-wide measures supporting AI. The report will be published on our\u00a0<a href=\"https:\/\/www.eca.europa.eu\/en\/search-publications\">website<\/a>\u00a0at 00:01 on 29\u00a0May<\/p>\n<p><strong>More information:<\/strong> <a href=\"https:\/\/www.eca.europa.eu\/en\/news\/news2024_05_newsletter_01\">European Court of Auditors<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Imagine we asked a chatbot what would determine the path of the EU\u2019s future economic development. Its answer would likely be \u201cAI\u201d. Politicians and experts might struggle to come up with a better answer. In 2018, the European Commission adopted a coordinated plan with the member states\u00a0\u2012\u00a0reviewed in 2021\u00a0\u2012\u00a0to scale up investment in AI and [&hellip;]<\/p>\n","protected":false},"author":101011,"featured_media":151372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[346,4082,4084],"tags":[407,779,2413],"class_list":{"0":"post-151374","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu-news","8":"category-research-innovation","9":"category-technology","10":"tag-artificial-intelligence","11":"tag-eu-en","12":"tag-european-court-of-auditors-en","13":"entry"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Artificial intelligence: is the EU&#039;s grand plan succeeding? | CDE Almer\u00eda - Centro de Documentaci\u00f3n Europea - Universidad de Almer\u00eda<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cde.ual.es\/?p=151370\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Artificial intelligence: is the EU&#039;s grand plan succeeding? | CDE Almer\u00eda - Centro de Documentaci\u00f3n Europea - Universidad de Almer\u00eda\" \/>\n<meta property=\"og:description\" content=\"Imagine we asked a chatbot what would determine the path of the EU\u2019s future economic development. 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