Forging Transatlantic Cooperation on the Next Wave of Innovation

There is considerable buzz about the ‘4th Industrial Revolution’ that is purportedly set to transform the U.S. and European economies and labor markets. But it is way too early in the evolution technologies such as artificial intelligence and robotics for policymakers to fully understand all the implications. In a chapter of a Friends of Europe discussion paper, Rob Atkinson argues that while there is little risk in waiting to intervene, there is considerable risk in regulating prematurely.