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On 2 - 5 December, the Knowledge4Innovation Forum under the Patronage of the European Parliament hosted the first AI & Big Data Innovation Summit, as stakeholders, policy makers and entrepreneurs gathered to discuss issues at the forefront of the political debate on AI and big data developments.
As the new Commission took office on December 1 and its president Ursula Von der Leyen has promised to propose legislation to address the human and ethical implications of AI during her first 100 days in office, it was the right moment to discuss all aspects of an AI future, balancing a favourable environment for the advances and contributions that AI can and should make to our society, with the protection of basic human as well as social and economic values.
According to the European Commission itself, the challenge will be developing legislation that reflects European norms and values while also avoiding overregulation that might hinder innovation and investment, in other words, finding the right balance.
The first edition of the summit fostered a lively and timely debate about reaching that balance, about the opportunity for Europe to become the global leader in AI and data driven innovations and how policy can support and if necessary, regulate its developments.
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