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The European Union's approach to regulating artificial intelligence is deemed inadequate compared to the advancements made by the US and China. French lawmakers emphasize the need for Europe to develop its own powerful AI players to maintain digital sovereignty. The report from France’s Parliamentary Office for Scientific and Technological Assessment warns that without significant progress, Europe risks becoming a mere digital colony.
The report highlights the absence of European companies in critical areas of the AI supply chain, such as semiconductor manufacturing. It also points out the ongoing brain drain to US firms, which exacerbates the competitive gap. Recommendations include consolidating global AI governance under the UN and launching a collaborative European AI project involving key nations.
• EU's AI regulation is insufficient against US and China advancements.
• European companies lack presence in critical AI supply chain sectors.
Digital sovereignty refers to the ability of a region to control its own digital resources and technologies.
AI regulation involves the establishment of rules and guidelines governing the development and use of artificial intelligence.
Brain drain describes the emigration of highly skilled or educated individuals from one country to another, often for better opportunities.
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