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The latest EIT Digital report delves into Generative AI and Europe’s Quest for Regulation and Industry Leadership

Europe’s journey toward establishing regulation and asserting leadership in the realm of Generative AI took center stage at a recent event titled after the report: “Generative AI: Europe’s Quest for Regulation and Industry Leadership.” Hosted at EIT House in collaboration with AiNed on March 21, the event brought together experts, policymakers, and industry leaders to delve into the complexities and implications of regulating AI systems capable of generating content autonomously. 

Keynote presenter Mrs Lucilla Sioli, Director for AI and Digital Industry at the European Commission, set the tone for the event by emphasising the significance of addressing the challenges posed by AI through the establishment of the AI Office at the European Commission. Mrs Sioli highlighted the importance of fostering innovation while safeguarding ethical principles and ensuring societal well-being in the digital era and how the AI Office will best deal with those.

A pivotal moment of the event was the presentation by Willem Jonker, Chairman of the Board of AiNed and former CEO of EIT Digital, who shared insights from the comprehensive report on Generative AI’s potential impact on various sectors. The report provides a comprehensive overview of the technological advancements, potential applications, and regulatory considerations surrounding Generative AI including policy recommendations for the EU and the selected case study of the Netherlands.

Following the presentation, a moderated panel discussion featuring five distinguished speakers further enriched the discourse. The panel was moderated by EIT Digital’s CEO Federico Menna. The panelists, represented diverse perspectives from academia, represented by Prof. Holger Hoos (RWTH Aachen University) and Cristiano Codagnone (Milan State University), research, innovation and industry, respresented by Sabine Demey (Flanders AI Research Program & IMEC), the EU regulator, represented by Kai Zenner (European Parliament) and other regulatory bodies, represented by Philip Piatkiewicz (AI, Data & Robotics Association) engaged in a lively exchange of ideas on the challenges and opportunities associated with Generative AI.