The EU cannot keep up with a technological race. “Some trains have already left”


Europe should “sobered” in the pursuit of technological sovereignty and accept the fact that “some trains have already drove away” – said the Bulgarian parliamentary Eva Maydell on Tuesday during the Politico summit devoted to the subject of technology and artificial intelligence.
European institutions try to support the development of technological potential in various areas – from artificial intelligence to cloud data processing. Intensify these efforts In the face of fears of growing addiction to the United States and other world powers.
“We need a very bright plan, which first of all assess where our strengths lie, where we have some dependencies and where we have to cooperate,” said Maydell.
“If we look at the priorities of the European Commission, we'll see that there are many of them,” she added. The commission is working on a wide range of initiatives, from making Europe a continent of artificial intelligence and the best place to develop start-ups, to support quantum computer science, biotechnology and communication.
“Less is more”
Maydell said that the EU should “define some great ideas that can drive its economy and industry.” She suggested to focus on two or three initiatives, because “less is more”.
– We have limited resources. There are various priorities. For us, gathered in this room, technology is the priority. In another room, a little further, the priority is defense – she said.
“EU institutions should also not choose companies that will support, leaving the markets to the decision which companies will survive,” Maydell added.
In the same part of the panel that focused on building the potential of Europe in the field of artificial intelligence, the independent Irish MEP McNamara emphasized that most of the funds allocated to technological investments still come from private sources. In addition to the availability of financing as factors limiting Europe's progress in terms of technology, panel participants also mentioned energy prices and lack of technological talents.




