Data Innovation

How Much Will the Artificial Intelligence Act Cost Europe?
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.
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For a menu of actionable ideas for policymakers related to data innovation, see ITIF’s “Tech Policy To-Do List.”

Data Innovation
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September 16, 2021
How To Foster Digital Identity In Europe
Join ITIF's Center for Data Innovation for a panel discussion on the strengths and weaknesses of the proposed regulation, the proper role of the public and private sector in delivering identity services, and insights on how Europe can foster the adoption of eIDs.
July 26, 2021
How Much Will the Artificial Intelligence Act Cost Europe?
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.
July 14, 2021
How Can U.S. Policymakers Support the Development of Quantum Computing?
ITIF's Center for Data Innovation hosted a discussion about a new report exploring steps Congress and federal agencies can take to support quantum computing in the United States.
July 8, 2021
How ‘Schrems II’ Has Accelerated Europe’s Slide Toward a De Facto Data Localization Regime
A year after the Court of Justice of the European Union’s (CJEU’s) Schrems II decision to invalidate the EU-U.S. Privacy Shield, U.S. and other foreign firms and trading partners face an uncertain and increasingly onerous legal environment. The transatlantic digital relationship is in a perilous position.
June 29, 2021
U.S. Manufacturing Priorities for the Biden Administration and 117th Congress
ITIF, Brookings, and AMCC hosted a special, live discussion with senior White House and Congressional offices as well as leading think tanks for a comprehensive overview of these legislative proposals and their potential to stimulate American manufacturing leadership.
May 19, 2021
Comments to CBP On Mandatory Advance Electronic Information for International Mail Shipments
The Center for Data Innovation submitted comments to the U.S. Customs and Border Protection (CBP) calling for CBP and the U.S. Postal Service (USPS) to enforce the requirement that 100 percent of international mail shipments have advance electronic data (AED).
April 27, 2021
Why the United States Needs to Support Near-Term Quantum Computing Applications
As other nations rapidly scale up their investments to develop and use quantum computing, U.S. policymakers should ensure the United States remains a leader. Investing in near-term applications would bolster the development of longer-term use cases, thereby helping to cement U.S. economic competitiveness and protect national security.
April 20, 2021
Will Productivity and Growth Return After the COVID-19 Crisis?
ITIF hosted an expert panel discussion to explore the economic, health, and social effects that may persist post-COVID.
April 1, 2021
Three Ways Biden Can Use Open Data to Deliver on His Ambitious Agenda
To advance the president’s ambitious agenda, the administration should develop and share U.S. genome data, require law enforcement agencies to share data, and create a publicly available national evictions database.
March 25, 2021
How to Build Back Better the Transatlantic Data Relationship
Transatlantic data flows are essential to organizations of all sizes and industries—not just large technology firms. The EU and United States must establish clear, consistent legal mechanisms for data transfers so both sides can thrive in an increasingly digital global economy.

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