Artificial Intelligence (AI) and Robotics
The EU plans to invest at least 20 billion Euros in the development of artificial intelligence (AI) by 2020. The money should come from public and private sources, the EU Commission said in late April 2018.
For research on artificial intelligence, the EU Commission is providing 1.5 billion Euros under the EU research program "Horizon 2020". The investment is expected to generate an additional 2.5 billion Euros through public-private partnerships in the fields of big data and robotics. In addition, it is planned to mobilise the European Fund for Strategic Investments (EFSI). Another 500 million Euros will be raised via the Juncker Fund.
Since artificial intelligence, like all other new technologies, raises ethical and legal issues, the EU Commission intends to present ethical guidelines for the development of AI by the end of 2018, which should reflect principles of data protection and transparency.
In mid-2019, in the light of new technological developments, the EU Commission also intends to issue guidelines for the interpretation of the EU Product Liability Directive. This should lead to more legal clarity for consumers and manufacturers in case of defective products.
In the second half of 2018, during Austria's EU Presidency, the Federal Ministry for Digital and Economic Affairs (BMDW) focused on "artificial intelligence". Companies investing in artificial intelligence and robotics are becoming more competitive nationally and internationally and are creating more jobs. The focus is on bringing industries that have migrated to Asia back to Europe.