ITIF's Center for Data Innovation discussed the progress that member states within the European Union have made to create and implement national AI strategies.
As Rob Atkinson writes for Germany’s Frankfurter Allgemeine Zeitung, Margarethe Vestager’s decision to veto a merger between rail companies Alstom and Siemens shows how preventing EU firms from merging will result in weakened and shrunken European competitors.
The European Union in 2007 established the Risk Sharing Finance Facility (RSFF) to improve access to debt financing for high-risk R&D projects by co-financing loans with private banks. A new study has analyzed the impact of the €18.2 billion that the RSFF invested from its inception through 2016.
The EU has an opportunity to make major strides in the next wave of digital transformation. But it will need to adopt a forward-looking policy perspective that focuses on the benefits of connectivity, automation, and smart systems for Europe’s economy and society.
A new study for the UK government calls for more aggressive antitrust enforcement against big Internet companies. It is likely to provide momentum to those who advocate for a fundamentally different approach to antitrust than the one pursued over the last 40 years, which would deter innovation, increase prices, and lower quality.
ITIF's Center for Data Innovation hosted a conversation about how the public and private sectors can work together to accelerate the use of Artificial Intelligence to combat fake news as the European Union prepares for its 2019 elections.
Both EDPS and CPDP have paid a lot of lip service to the importance of ethics. It is time to turn those words into actions and be clear about where it stands on an inappropriate and offensive recent statement by Giovanni Buttarelli.
When skilled workers migrate, it seems obvious that the destination country is gaining at the expense of the origin country, which is losing talent and potential sources of innovation. However, a new study has challenged the idea that migration is zero sum, finding that origin countries actually benefit from skilled workers moving abroad.
ITIF’s Center for Data Innovation submitted feedback to the European Commission’s High-Level Expert Group (HLEG) on AI on its draft AI Ethics Guidelines for Trustworthy AI. The guidelines aim to provide concrete guidance on how to implement and operationalize “trustworthy AI” systems that “maximize the benefits of AI while minimizing its risks.” While this goal is worthwhile, the guidelines have five main problems: 1) they present an overall negative tone towards AI; 2) they overlook the importance of EU leadership on AI adoption as a means of influencing global AI ethics; 3) they inc
From a skewed standardization law in China to mercantilist digital services tax proposals in Europe, when countries impose protectionist policies in high-value, high-tech sectors, they don’t just damage competitors; they damage the entire global innovation system.
Significant advances in Artificial Intelligence (AI) over the past decade have led to many debates about the potential social, economic, and security impact of AI. However, little sustained attention has been paid to the impact of AI on international relations or how the technology impacts the work of diplomats and policy makers.
If countries do not show proper restraint, they can easily sabotage the global Internet by imposing unreasonable obligations on companies and setting up scenarios where companies are forced into a no-win situation of having to comply with conflicting laws.
If Europe wants to set its own course in the new global order, then the most important first step is to join with America to fight for free trade and an open Chinese market.
In a high-level hearing hosted by the European Political Strategy Centre, Daniel Castro outlined how important technology trends will affect Europe's ability to protect its strategic interest.
As Joe Kennedy writes for Fox Business, the danger of EU countries subjecting U.S. companies to discriminatory taxes remains high because individual European countries are free to pass their own national laws, even if the EU doesn’t do so as a bloc.
The United Kingdom shows that dynamic injunction orders and the use of technology together can help combat the piracy of live sporting events through set-top boxes.
Despite some wishful thinking by its proponents, it was widely predicted that GDPR would hamper European technology firms’ ability to compete globally. A recent study has validated that prediction.
A new report by ITIF finds that the fact that U.S. workers are 16 percent more productive than EU-15 workers is largely attributable to Europe’s failure to invest in information and communications technologies (ICT), which drives labor productivity.
To restore robust productivity growth, Europe must fully embrace information and communication technologies (ICT) throughout its economy.
Policymakers tend to give an outsized share of attention and credit to small businesses, touting their role in entrepreneurship, but in doing so they often conflate small businesses with new businesses. Start-ups are important for their contributions to creative destruction and innovation, but small businesses are less efficient because they cannot take advantages of economies of scale.
The collection of large amounts of data alone does not present a threat to competition and shifts in competition policy that would treat it as such would negatively impact data-driven innovation.
The European Commission is pursuing major initiatives in artificial intelligence (AI) and cybersecurity. AI provides attackers new cybersecurity vulnerabilities, but it is also a powerful tool for automating cyber defenses.
The lesson for EU policymakers is clear: do not get seduced by the idea that stringent privacy regulation is a shortcut for digital growth. Enacting even stricter data protection rules, such as the pending ePrivacy Regulation, will come with costs that will hurt not only the EU digital ecosystem but also EU digital consumers.
EU policymakers created the GDPR to protect an individual’s right to privacy—a right that they see worth protecting at any cost. However, its creators did nothing to prevent these costs from being levied on non-Europeans. Policymakers around the world should step in to ensure that if Europe wants privacy, it must pay its own bill.
The Internet economy requires new rules in some cases. But these rules need to be carefully considered. Where changes are needed, policymakers need to ensure that they do not impair the tremendous innovation and value that the Internet has enabled writes Joe Kennedy in Innovation Files.