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But amid the political chaos, the way we do business saw some dramatic shifts—from Volkswagen’s annus horribilis, despite topping the Fortune 500 Europe, to the meteoric rise of AI.
European Union officials worked into the late hours last week hammering out an agreement on world-leading rules meant to govern the use of artificial intelligence in the 27-nation bloc. The ...
That’s where the bulk of Europe’s fledgling companies fall. Since Dealroom data mainly considers funding figures in this case, some noteworthy players in the generative AI realm, like Google ...
This is especially true for companies in Central and Eastern Europe. [2] [3] [4] Other digital technologies, such as platforms or big data, are projected to have a more neutral impact on employment. [2] [4] A large number of tech workers have been laid off starting in 2023; [5] many such job cuts have been attributed to artificial intelligence. [6]
The European Union is guided by a European Strategy on Artificial Intelligence, [92] supported by a High-Level Expert Group on Artificial Intelligence. [ 93 ] [ 94 ] In April 2019, the European Commission published its Ethics Guidelines for Trustworthy Artificial Intelligence (AI) , [ 95 ] following this with its Policy and investment ...
The Artificial Intelligence Act (AI Act) [1] is a European Union regulation concerning artificial intelligence (AI). It establishes a common regulatory and legal framework for AI within the European Union (EU). [2] It came into force on 1 August 2024, [3] with provisions that shall come into operation gradually over the following 6 to 36 months ...
AI will help them find new ways of working and doing their jobs. It will also create new jobs as people are freed up to do new things.” While the impact of AI is unfolding, businesses still have ...
The AI boom [1] [2] is an ongoing period of rapid progress in the field of artificial intelligence (AI) that started in the late 2010s before gaining international prominence in the early 2020s. Examples include protein folding prediction led by Google DeepMind as well as large language models and generative AI applications developed by OpenAI .