On Independence Day, July 4 1962, President John F. Kennedy announced, “The United States of America shows a strong, connected Europe not as a rival but as a partner.“After more than six decades, this transaatlantic relationship is facing an unprecedented strain with growing deviations in issues such as trade, protection and other geological challenges.
At the AI Action Summit in Paris in February, US Vice President JD Vans warned the EU against European Commission President Ursula von deer Lane Lane, a bold plan for the EU leader, announced, announced, announced, “Global leadership is still going to occupy.” Yet, Europe still has to go a long way.
Global ambition, unequal investment
The United States remains the center of AI Innovation and the home of Tech Giants like Google, Meta, Microsoft and NVDia. After returning to the office, President Donald Trump announced a $ 500 billion AI investment plan and quickly canceled the Ex -President Biden’s executive order related to AI. His “Big Beautiful Bill” originally included the proposed ban on artificial intelligence rules at the state level for the next ten years; However, the Senate unanimously voted on Tuesday.
Our nearest neighbor, UK, has announced the ambition to lead global in AI, including a bold tagline “AI Maker, not AI Taker“, To resort to an in-innovation and light-tatch control system as part of the action plan of £ 2 billion AI.
Meanwhile, China aims to become a global leader in AI by 20, focusing on digital independence, computing skills and certain AI control. The World Economic Forum research predicted that the country’s AI industry and related sectors could become a $ 1.5 trillion market by 20 years. China also has 47% of the world’s leading AI researchers and provides government-backed programs by encouraging students for AI-related education.
Ireland Opportunity: Europe’s Challenge
The AI story in Ireland is obliged. Deep technical talent, with a strong multinational presence and strong global ritch, Ireland’s AI market is expected to suffer € 1.18 billion dollars this year. By 2035, AI Irish can contribute $ 250 billion to GDP and probably to € 60 billion, depending on how the government, industry and businessmen accept its potential. To support this opportunity, the Irish government has created an AI Advisory Council to provide independent guidance on the AI policy.
The EU reported that its goal is to promote AI Innovation, which is strengthened by strong control. The I have acting The first wide legal structure in the world to control the AI in the public interest and to place the EU as the leading AI administration of the EU to the EU. As part of the plan of the AI action continent, the EU has promised to build 5 AI factories, 5 gigafactors and $ 200 billion investment across the continent.
However, despite its big ambition, the EU Yet Behind: 17 American in the top 20 AI company and 70% of the Foundational Model generated in the United States. % Of global funds flows through US agencies and only% face in their European parts. European companies are also 5% in the United States and Global software R&D expenditure is only% of the 5% in China. If the EU becomes ten to one after another, he cannot lead; Greater investment is important for the innovation of the Homegrown AI.
Between the third quarter of 2018 and 2023, about $ 32.5 billion was invested in EU AI companies compared to more than $ 120 billion in the United States AI companies. Recent investment in the United States has made the AI companies (Easy OpenAI and ethnographic) widen the gap between the relative part of the US in AI.
What to do in the EU to become an AI leader?
- Improve digital infrastructure: The EU must work towards digital freedom and infrastructure improvement. Ovkloud, the largest cloud supplier in Europe, has only 2% of the market. More than 80% of the digital infrastructure in Europe is imported from outside the blocks; This high level dependence on non-European-based technology companies has expressed a number of protection and economic concerns for the EU.
- Unlock further capital for scaling: As described Long And letta reports that AI companies have to scale and increase the EU by deepening the EU (SIU) and the promotion of an independent digital ecosystem that gives European startups the ability to grow at home, whether it is in Dublin or Paris, and Silicon Valley or Silic. Europe-based AI start-ups represent more than one-third of the Global M&A activity in 2024, originally acquired or transferred by US companies.
- Top Talent attracts and hold on to: EU prefers initiatives Horizon And ahead of digital Europe, positive steps, including specific allocations for AI research and innovation, we must attract and hold worldwide talent. In addition to the more powerful academic industry cooperation with the EU MIT-Gogras partnerships, strong academic industry like US models can do this by creating prestigious EU-administration fellowships. These national initiatives will be the key to keeping Europe’s bright mind right here in Europe.
- Turn off the digital skill interval: Important education for EU’s success as a worldwide leader in AI. Currently, 44% of adults lack primary digital skills; Addressing the gap of this skill and investing in AI-related education will be important for the future European economy. According to the PWC’s 2021 Global AI Jobs Barometer, jobs that need AI skills now refers to the urgent Europe’s urgency to prepare for the AI-powered future.
A turning point for Europe
Strengthening the AI ecosystem in Europe is not just about investment or control; It is about vision and emergency. The EU must stand in his promise to moral AI, when the first 450 million people are making the innovation in the market.
The AI Act contains the pressure building for watering water. European Commission technology Chief Heena Varkakunen recently suggested the EU “Some parts of the AI law should not be suspended.” We are currently awaiting an important declaration from President Trump on trade tariffs, fearing the global recession on the horizon. As the tariff continues to discuss, there is concern that the EU AI law can reduce its digital control promises.
Since we reflect diplomatic relations for more than 100 years in Ireland, the EU must make a choice. AI will give the next generation the shape of jobs, industries and energy structures. Europe cannot wait. It must lead, invest and trust in his own potential.
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