On 18 September 2020, the European Institute of Innovation and Technology published the report "A European approach to Artificial Intelligence: A policy perspective“ which is the third in EIT Digital’s Policy Perspective series and addresses the topic on how Europe should deal with Artificial Intelligence. It provides business and policy decision makers with a scenario-based impact assessment instrument for AI policy development.
The report explores the impact of Artificial Intelligence in general as well as in more specific application domains strategic for Europe: Health, Manufacturing, Climate, and Mobility. In all of these areas, it identifies both general and sector-specific opportunities for and concerns about the further deployment of AI. It concludes with an assessment addressing the impact on innovation potential, fairness, trust, and growth opportunities.
Main recommendations are as follows:
- To ensure effective policy in the area of AI it is necessary to take context (sectors of application) into account.
- Some firm regulation seems needed, for example concerning the handling of machine data, product/service liability for autonomous systems and data protection in the health sector.
- General regulation or policy measures can be considered in relation to algorithm transparency and explainability.
- Regulation should be adaptable and flexible, whilst minimising and mitigating risks and ensuring human rights and European values.
The report can be downloaded here: