Promises and challenges of artificial intelligence post COVID-19 : [conversation between Madeleine de Cock Buning and Mariya Gabriel]

Abstract

The development of Artificial Intelligence (AI) boosts global economic growth and can provide unprecedented opportunities for sustainable digital development worldwide. However, AI can also bring risks or negative consequences for citizens. Concerns about AI disrupting social interactions, iscriminating or replacing humans at work are still widespread. AI governance requires careful steering between stimulating innovation and building societal trust. In the post COVID- 19 recovery, there is an important window of opportunity to shape the development of human-centric AI. On 21 April 2021, the European Commission proposed new rules and actions to turn Europe into the global hub for trustworthy Artificial Intelligence (AI). The combination of the first-ever legal framework on AI and a new Coordinated Plan with Member States aims to guarantee fundamental rights of citizens and businesses, while strengthening AI uptake, investment and innovation. New rules on Machinery adapt safety rules to further help increase users’ trust. In this session we will debate the recently announced EU approach towards becoming a global hub for trustworthy AI in the context of highly competitive innovation in AI in China and the US.