Europe Embracing AI at Paris Summit Amidst Global Consensus Uncertainty

The second day of the Paris summit focused on Europe's embrace of artificial intelligence (AI), as the continent seeks to capitalize on the potential of generative AI while grappling with global consensus on AI governance. With the European Union (EU) having finalized its AI regulatory act in 2024, the continent is taking a more proactive stance on pre-regulating AI companies, both within its borders and those hoping to operate in Europe.

Europe's approach to AI governance centers on excellence and trust, aiming to boost research and industrial capacity while ensuring safety and fundamental rights. The EU's AI Strategy, launched in 2021, aims to make the EU a world-class hub for AI and ensure that AI is human-centric and trustworthy. The EU has made significant progress in raising AI awareness and setting commitments, but major bottlenecks persist, such as the need for increased investments, leapfrogging in emerging semiconductor technologies, and addressing talent retention.



The global consensus on AI governance, as reflected in the United Nations' resolution on enhancing international cooperation for AI capacity building, has a significant impact on Europe's approach to AI. The Paris summit, as a high-level meeting on global AI governance, can play a crucial role in fostering international cooperation by promoting a people-centered approach, encouraging open and fair AI development, bridging the AI development gap, and strengthening global AI governance.

However, the global consensus on AI governance remains unclear, with varying approaches among nations. While the EU has taken a more proactive stance on AI regulation, other countries like the United States and the United Kingdom have adopted a lighter touch, preferring to regulate after issues have arisen. This disparity in regulatory approaches may hinder global cooperation and the development of a unified AI governance framework.

In conclusion, Europe is embracing AI at the Paris summit while grappling with global consensus uncertainty. By addressing the challenges in AI adoption, creation, energy demand, and talent retention, Europe can enhance its competitiveness in the AI landscape and foster international cooperation through a people-centered approach, open and fair AI development, and a commitment to strengthening global AI governance.