EU launches AI white paper to attract 20 billion euros a year in AI investment

On February 19th, local time, the European Commission released the White Paper on Artificial Intelligence in Brussels, which aims to promote European innovation in the field of artificial intelligence and to promote the development of ethical and reliable artificial intelligence. The white paper consists of a policy framework and elements of a future regulatory framework.

The white paper says Europe needs to significantly increase investment in aia research and innovation, with the goal of attracting 20 billion euros a year in AI technology research and development and application spres in the EU over the next 10 years. It will also attract the best professors and scientists through top universities and higher education institutions, and offer world-leading master’s programs in the field of artificial intelligence.

In January 2020, Bloomberg unveiled a draft white paper that it said proposed banning facial recognition technology in public places for three to five years, in order to allow more time to assess technical risks.

But the three- to five-year limit did not appear in the official white paper. For face recognition, the official version of the white paper says the collection and use of biological data for remote identification purposes poses specific risks to fundamental rights, such as the deployment of facial recognition technology in public places. EU data protection rules, in principle, prohibit the processing of biological data for the purpose of identifying specific natural persons, except for special conditions. “In order to address the social concerns that may arise from the use of artificial intelligence in public places and to avoid divisions in the internal market, the European Commission will have a wide debate in Europe on possible applications, if any,” the white paper said. “

Rapidly developing artificial intelligence can change people’s lives by improving health care, improving agricultural efficiency, mitigating and adapting to climate change, and maintaining productivity, but also with potential risks such as opaque decision-making, gender or other forms of discrimination, and violations of private life.

EU launches AI white paper to attract 20 billion euros a year in AI investment

Therefore, the white paper proposes the criteria for high-risk AI applications, arguing that regulatory interventions should be based on risk. High-risk AI applications judge the criteria for the risk that the program is primarily subject to significant risks, such as health care, transportation, energy, etc., and second, the manner in which the program is used may pose significant risks, such as injury, death, or significant material or non-material loss.

Ursula von der Leyen, president of the European Commission, said: “Today we have shown our ambition to shape Europe’s digital future. It covers everything from cybersecurity to critical infrastructure, from digital education to skills, from democracy to the media. I hope that the digital Europe reflects the best of Europe – openness, fairness, diversity, democracy and self-confidence. “

The AI White Paper is currently open to public comment and is due to expire on 19 May 2020. The EU is also scheduled to introduce the EU Digital Services Act this year.