As the European Union (EU) Prepares to Respond to Trump's 25% Tarif on Aluminum and Steel, A Widelie Reported Paper from Goldman Sachs Has Has Suggested That Appliance Pressure Levers the eu could use to negotiate with the us.
Under the Digital Markets Act, The Eu Competitions Authority Has Numerous Ongoing Investigations Related to Us Big Tech, Whoch Some Experts believe out Ent with the us. At the same time, the eu has recognized its shortcomings as people to heavy reliance on us tech and have amables to develop sovereign ai caapabilites analogous to trump's Products Initiative.
Former Google Ceo Eric Schmidt Told The BBC That there should be government oversight on private technology developing ai models, but he warned that over-igulation would strike social innovation. Schmidt also Saw Us Export Controls of Semiconductors as a Way to Prevent Adversaries Getting Hold of the Technology to Develop Powerful Ai Systems.
Given the Us' Ongoing Trade WITH Its Allies, Policymakers are Wary of how far will trump go and whether the us would impose expert controls to curb the uk and europe AI Capabilites. In retaliation, would the eu impose tariffs on us tech?
On Ing, Global Head of Macro Carssteen Brzeski, And Senior Economist for Germany and Global Trade Inga Fewchner Recently Co-WOROTE An Article Discussing The Trade-War, Noting That That While Europe will try to prepare for an upcoming poster Wars are not be won by the trade- Surplus Country. “It is always the surplus countrys that has more to lose. Therefore, Europe might Want to Consider another route: the strengthening of the domestic ear.
“Think of Reduction Dependency on the Us by Increasing Domestic Military Industries, Including Reduction Tochnological Standards of Weapons Systems and Pooling of Defense, and Defense Significant Investments, “They said.
Eu ramps up ai investment
At the end January, the european commission presented the competitiveness compass, which sets out an Industrial Strategy for New Tech in Europe. The competitive compass points to a europe where future technologies, services and clean products are invented, manufactured andput on the market, who are beyed the first continent to believe Climate Climate Neutral Neut
The competitive compass is based on Findings from the draghi report, From Mario Draghi, The Former European Central Bank President. To reignite the eu innovation engine, the european commission said: “We want to create a habitat for young innovative startups, promote industrial leadership in high-waysed on deepes, E the Diffusion of Technologies Across Establed Companies and Smes. “
The strategy will involve so-called ai gigafactories and will apply Ai Initiatives to Drive Development and Industrial Adoption of Ai in Key Sectors. There is also a dedicated eu startup and scaleup strategy to address the Obstacles that are preventing New companies from emerging and scaling up.
The eu is proposing a 28th legal regime to simplife application rules, include relevant aspects of corporate law, insolvency, labore and tax law, and to reduce the costs of failure. It claims that this will make it possible for innovative companies to benefit from one single set of rules where they invest and operate in the Single Market.
This week, European Commission President Ursula Von Der Leyen Launched Investai, An Initiative to Mobilise € 200BN for Investment in Ai, Including a new european fund of € 20BN for Ai Gigaqacasteries. She described the Public-Private Partnership, as Akin to “Cern for Ai”Which would be enable scientists and companies of all sizes to develop advanced very large models needed to make europe an ai continent.
The Eu's Investai Fund is supporting our future Each will have Around 100,000 “Last-Generation Ai Chips”. There will Inevitibly be questions over what exactly is meant by “Last-Generation Ai Chips”, but Previous Generations of Ai Acceleration Hardware Are Cheaper, And Deepsek Has Shown that it is not all ATE-of-the -art Technology to Achieve Comparable Results to Us AI FIRMS Such as Openai that do have access to these chips.