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EGMONT Institute: An Ambitious Agenda or Big Words? Developing a European Approach to AI

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An Ambitious Agenda or Big Words? Developing a European Approach to AI

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Artificial Intelligence (AI) has become a key area of global strategic competition, 
offering potentially revolutionary solutions for commercial, civil, and military applications. 
While the European Union (EU) has recently taken action as regards the AI’s disruptive 
potential, it arguably lags in its funding, research, and innovation as compared to the 
United States or China. Recent policy and funding initiatives at the EU level are shaping 
a distinctive approach to tackle such challenges, both via increased financing opportunities 
to address research and innovation gaps and through preventive governance mechanisms 
for the AI’s responsible technological design and uses. The question remains whether these 
actions will mitigate the European governance and funding gaps in this emerging technological 
domain and foster a globally competitive European AI ecosystem.

(Photo credit: European Commission,  European-Union, 1995-2019)

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