Taking Responsibility for AI in Europe
About the AI Deep.Circle
AI becoming a topic of high relevance across countries and sectors. Startups and research initiatives are the engine that drives the technological development of regions, which are putting in motion action plans for leading the AI market worldwide.
WHY AI?
Europe is behind the US and China in seizing the opportunities of AI and automation. Investments in these technologies are growing rapidly, dominated by digital companies such as Amazon, Baidu, Tencent and Google.
WHY EUROPE?
1. Lack of homegrown AI champions
2. Need to adopt AI across all industries in order to trigger an AI virtuous circle
STRATEGIC
CHALLENGES
3
PRIORITIES
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How might we make Europe competitive within AI ?
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How might we make European AI ethical ?
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How might we educate & retain AI talents ?
AI is increasingly becoming a topic of high relevance across countries and sectors. In the case of AI, startups and research initiatives are the engine that drives the technological development of regions. Actually, most regions in the world have realized this fact and are putting in motion some action plans with the aim of being the leader of the AI market worldwide.
At the moment, Europe is behind the US and China in seizing the opportunities of artificial intelligence and automation. Investments in automation technologies and AI are growing rapidly, dominated by digital companies such as Amazon, Baidu, Tencent and Google. As of today, most countries are including AI in their strategic actions. In terms of investments, external AI investment in Europe totalled around $3 to $4 billion in 2016, compared with $8 to $12 billion in Asia and $15 to $23 billion in North America – according to a global McKinsey market study.
In the report « Artificial intelligence: A strategy for European startups », posted on May 2018 by Roland Berger and Asgard, two important challenges are higlighted:
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the lack of homegrown AI champions
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the need to adopt AI across all industries in order to trigger an AI virtuous circle
As key takeaway, out of the group discussions of the Deep.Circle on June 5th, we will issue a call for action addressing in particular 3 main directions:
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How might we make Europe competitive within AI ?
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How might we make European AI ethical ?
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How might we educate & retain AI talents ?
Read more
Latest Event
AI Deep.Circle '18
On June 5th 2018, 50 entrepreneurs, investors, decision-makers out of industry, legal, research, politics and institutions met to work on 3 dimensions (Ethics, Education and Competitiveness) on the theme "Taking responsibility for AI in Europe". This was followed by a networking event (AI Summer Night '18) with the Berlin AI ecosystem.
As a result of this event, 9 call for action arose under the umbrella of these three issues:
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Need for a common definition for AI Values in Europe
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Need to better align education in schools with deep tech requirements and better attract and retain talents also from outside europe
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Fostering a thriving ecosystem for Artificial Intelligence in Europe
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In numbers
150 cross-industry participants
+100 actions
discussed
4 startup pitches
4 keynotes
Represented Organizations
Including some great AI startups and initiatives, as well as investors
Click the icon to download the report:
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Photo recognition: Unsplash users @clarktibbs @kylejohnston