EU Competitiveness

Google’s Kent Walker urged the EU to adopt a more strategic regulatory approach to AI to effectively compete globally, especially with China. He cited China’s high AI adoption rates compared to the EU’s lower rates, attributing this to significant government investment and less burdensome regulations. Walker proposed a three-pronged strategy: smart policy focused on real-world AI effects, workforce development for AI skills, and scaling up beyond basic applications to embrace scientific breakthroughs. He emphasized removing regulatory hurdles, fostering research, and broadly implementing AI to stimulate EU growth.