Publications: Benjamin Mueller

The EU’s proposed Artificial Intelligence Act (AIA) in its current form will touch upon a much wider section of the EU’s economy and society than the European Commission publicly states or likely even envisages.

Banning personalized ads would threaten about €6 billion of income for the European app economy—a sector that employs 1.5 million people in the EU.

ITIF's Center for Data Innovation argued the framework should encourage responsible adoption and use of the technology to benefit society, provide guardrails that address potential harms, and foster growth and innovation in the European digital economy.

ITIF's Center for Data Innovation responded to the European Commission's call for feedback on its proposals to adapt product liability rules to the digital age.

The AIA will cost the European economy €31 billion over the next five years and reduce AI investments by almost 20 percent. A European SME that deploys a high-risk AI system will incur compliance costs of up to €400,000 which would cause profits to decline by 40 percent.