Can the EU’s Dual Strategy of Regulation and Investment Redefine AI Leadership?

This article makes the case that reducing regulation for large general-purpose AI providers under the EU’s competitiveness agenda is not a silver bullet for catching Europe up to the US and China, and would only serve to entrench European dependencies on US tech. Now turning to EU AI policy, the newly established AI Office and 13 independent experts are nearing the end of a nine-month multistakeholder drafting process of the Code of Practice (CoP); the voluntary technical details of the AI Act’s mandatory provisions for general purpose AI providers.