AI achievement is a competition
Not just in medical fields or driverless vehicle applications but in security and other areas as well. Right now, experts are claiming that the European Union countries are lagging behind the US and China in AI technology development.
This may not be good news for EU officials. They, like other countries, want to be able to either have an advantage over their enemies. Or they want to keep pace with them.
Benefits of keeping pace
Experts say that if the EU invests in 6 key areas of AI technology, they will see profitable benefits. Not just in making money but in producing more skilled and high paying jobs for its people.
These targeted areas are micro and nanoelectronics; nanotechnology; industrial biotechnology; advanced manufacturing technologies; advanced materials; and photonics. Whether the EU follows this advice or not, is another story.
Let’s not forget about cybersecurity
With the world relying more and more on electronic activities, cybersecurity is a prime concern. Not just in the financial world were banking online has become a staple of society. The people’s money needs to be protected as does the government’s.
But in safeguarding manufacturing, technological and industrial secrets. One a bank’s or business’s computers are connected to the Internet they become vulnerable. They become vulnerable to those who apply their computer skills for personal illicit gain.
The EU needs to develop AI cybersecurity technology to protect their competitive edge. With China investing heavily in AI technology, the EU needs to keep pace or suffer from cybercrime.
Knowledge: the new resource
This is what many AI experts are looking at when they look to a future with AI technology. The new knowledge, according to them, should open up new doors for businesses to walk through.
The important factor is deciding on what technologies should be focused on. The 6 mentioned above are just suggestions. The experts are not sure if they are the right ones for the EU at this time.
Or if they are the right ones for EU’s future. Time will only tell. The main thing is that the EU needs to keep up with both the US and China if it wants to remain a viable power in the future.
This problem lies with the development and application of AI technology. It comes in the form of a question. What restraints will be applied to govern AI’s behavior? In the old days, before computers and AI technology came into existence, it was easy to place restrictions on corporate and employee behavior.
Laws were made, ethical codes were written, and religious rules were followed. All contributed to the protection of society in general. But what about AI? It does not have a lot of laws governing their application.
Nor does it have an ethical code and the technology certainly does not have religious rules to follow. Will the absence of these undermine the benefits investment in AI technology will bring?
This is a problem that needs to be examined as an investment in AI technology grows.