EU losing AI battle against China and US without Brexit Britain
Von Der Leyen reveals plans to boost EU artificial intelligence
The European Union is losing its fight on technology against the US and China without Brexit Britain by its side, it has been warned. The Brussels bloc is experiencing a decline in technologies starting from e-cars to AI models, according to Eurointelligence. Thehe EU is failing to keep up with China and the US on high tech, even more so Brexit Britain no longer belongs to the bloc.
They wrote: “The decline of the European car industry is a cautionary tale. It’s not just e-cars, but a whole array of 21st century technologies.
“Europe has no representative in the world’s top ten digital companies any longer. SAP now ranks number 11, and there is not much after that.
“Artificial intelligence is largely a duopoly between the US and China. The only European country with a foot in this sector is Brexit-Britain. The UK government has identified AI as the best bet for regulatory divergence from an EU that is hampered by data-protection laws with a one-sided focus on consumers.
“Europe was the world champion of the previous generation of technology. The great inventions of mechanical, electrical and chemical engineering are still the backbone of the European economy.
“These sectors will keep on generating employment, but what is now changing is that the big profit margins have moved elsewhere. It does not matter a great deal where the electric batteries are produced, but who owns them.
“The European car industry is dying, while the EU keeps on congratulating itself on the successes of its science and research programme, Horizon Europe.
“Denial is the most protracted of the phases in the stages of mourning. When we get out of this, we will have left it late.”
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The warning comes as the UK Government is pledging to invest £100 million in AI technologies.
The recently formed Department for Science, Innovation and Technology said the cash injection will be start-up funding to support the taskforce in the development of foundation models – a type of artificial intelligence used by chatbots such as ChatGPT and Google Bard.
It comes amid recent rapid acceleration in the technologies, which use large data sets for a vast array of tasks.
The new taskforce across Government and industry will use the funding in order to “ensure sovereign capabilities and broad adoption of safe and reliable foundation models”, the department said.
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It came as Prime Minister Rishi Sunak sought to woo industry at a Business Connect conference in London, attended by around 200 high-profile chief executives.
The Prime Minister said: “Harnessing the potential of AI provides enormous opportunities to grow our economy, create better-paid jobs, and build a better future through advances in healthcare and security.
“By investing in emerging technologies through our new expert taskforce, we can continue to lead the way in developing safe and trustworthy AI as part of shaping a more innovative UK economy.”
The first pilots of the developed models targeting public services are expected to launch in the next six months, the department said.
The taskforce will be led by a chair who will be announced later in the summer.
Michelle Donelan, Secretary of State for Science, Innovation and Technology, added: “Developed responsibly, cutting-edge AI can have a transformative impact in nearly every industry.
“It can revolutionise the way we develop new medical treatments, tackle climate change and improve our public services, all while growing and future-proofing our economy.”
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