Europe

Despite the fact the WTO has consistently ruled against Europe’s launch aid practices, the European Union has continued to use the practice on subsequent generations of aircraft.

ITIF's Center for Data Innovation submitted feedback to the European Commission’s roadmap titled “Inception Impact Assessment for Revision of the eIDAS Regulation – European Digital Identity (EUid).”

The European Union’s future prosperity is heavily reliant on it maintaining its status as a leader in the automotive industry. Indeed, the sector directly and indirectly accounts for more than six percent of EU employment, and the turnover it generates represents over seven percent of its gross domestic product.

AI detractors believe the potential risks of AI outweigh the benefits. But this ignores the overwhelming examples of how AI is having a positive impact in many areas of the economy and society. If EU policymakers want to foster rapid development and adoption of AI they should follow the innovation principle which says that when technological innovations benefit society and pose modest and not irreversible risks, government’s role should be to pave the way for widespread innovation while building guardrails, where necessary, to limit harms.

A “French Airbnb” is a bad idea. It is based on politically biased motives and a misguided application of industrial policy, seeks to dominate a market that is longer up for grabs, will fail for lack of credibility and, even if it were to succeed, it will not add value for consumers.

ITIF submitted comments focusing on the Commission whitepaper’s proposal for an ex ante conformity assessment framework to verify and ensure that certain mandatory requirements applicable to high-risk applications of artificial intelligence are met and how this would act as a barrier to trade.

The Center for Data Innovation submitted a response to the public consultation of the European Commission on the European Strategy for Data, which aims to build a single market for data so it can be more competitive in the global data economy.

Editor's Note: A version of this article was published by French media outlet Contrepoints on April 30.

It is commonly assumed that the wealth and other benefits that highly innovative firms produce are concentrated among high-skilled workers, since they are the ones who are most likely to be innovating. But a new study casts doubt on this presumption, using matched employee-employer data from the United Kingdom.

There is much to like in the European Commission’s newly released Industrial Strategy for Europe, especially as it recognizes the need for more competitive advanced-technology industries and stronger efforts to push back against unfair foreign trade practices. The document gets many things right, recognizing, among other things:

The growth of artificial intelligence has stoked fears that industries beyond manufacturing could be significantly automated. This underscores the need to study the evidence about modern automation, especially because the facts frequently contradict common concerns.