As the EU plans its countermove to global AI dominance with a proposed CERN-for-AI project, sceptics warn of the significant financial risks and bureaucratic entanglements. The ambition to rival the likes of Silicon Valley's tech supremacy has raised concerns among economists and tech entrepreneurs about potential misallocation of resources and stifling innovation. According to CEPS's research director, this initiative is a crucial but perilous juncture, necessitating a prudent approach.
Europe’s High-Stakes Gamble on AI: Risk or Reward?
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Jan-29
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CERN-for-AI plans could be a "big Camelot moment that the EU leaders have to be able to leverage,” said CEPS research director The post ‘Time of reckoning’ for AI dominance: Can Europe conjure its own Stargate? appeared first on Euractiv.
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Jan-29
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EU's ambitious CERN-for-AI initiative represents an essential step towards democratizing AI technology, ensuring it serves the public good and mitigates social disparities. In an era where tech giants monopolize advancements, the EU's strategy symbolizes a beacon of hope for equitable tech development. This moment could mark a profound shift, placing people over profits and securing a just digital future for all, as emphasized by CEPS's research director.
From EURACTIV