The European Commission has unveiled two strategies to maintain Europe’s competitiveness. Apply AI targets faster adoption across industries and the public sector, while AI in Science focuses on boosting Europe’s research leadership.
To boost AI adoption and support these measures, the Commission is mobilising around €1 billion. In the future, new initiatives in areas like finance, tourism, and e-commerce could complement these sectors.
Alongside Apply AI, the AI in Science Strategy positions the EU as a hub for AI-driven scientific innovation. At its centre is RAISE - the Resource for AI Science in Europe, a virtual European institute to pool and coordinate AI resources for developing AI and applying it in science.
Strategic actions include:
- Excellence and talent: measures to attract global scientific talent and highly-skilled professionals to ‘Choose Europe’. This includes €58 million under the RAISE pilot for Networks of Excellence and Doctoral Networks to train, retain and attract the best AI and scientific talent.
- Compute: €600 million from Horizon Europe to enhance and expand access to computational power for science. This investment will secure dedicated access to AI Gigafactories for EU researchers and startups.
- Research funding: aims for doubling Horizon Europe’s annual investments in AI to over €3 billion, including doubling funding for AI in science.
- Data: support for scientists to identify strategic data gaps and gather, curate and integrate the datasets needed for AI in science.
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This is neither the level of Chinese state expenditure nor US private capital.
Unless AI turns out to be useless the EU has become fully dependent on the US.
The virus has gone digital and is starting to spread!
Oh, whispers about the biggest bubble burst in history are gaining traction? LETS ADAPT IT! We don‘t want to miss out in this historic moment, do we? I for one can‘t wait for services in the public sector to stop functioning over night because the provider went bust and never getting a replacement. These are essentially planned cuts in the social sector. Mark my words.
According to this logic, providers in China and the US go bust first, and they cut costs in the social sector to a larger scale (except maybe in China as there is almost no welfare anyway, so there is not much to cut). Right?
I don‘t see what you‘re trying to say to be honest. Do you think this is some kind of contest where we shouldn‘t worry as long as someone else does even worse? It doesn‘t matter.
Why!
Why not? It’s necessary that Europe develops its own ecosystem. LLMs are hoplessly over-hyped, but will/can be a useful part of our society in the future if we use them reasonably and appropriately. I don’t want to use tech from and controlled by the U.S. and/or China and the like.
I agree it’s important we have our own tech industry. But in the case of LLMs in specifically, in my opinion best-case would be to have China / US develop open source models, like they currently are. Let them waste the money! :)
Corruption and stupidity.