Why Transatlantic AI eXchange
Harnessing AI disruptions through collaboration
This building momentum requires a platform for the USA and Germany to stimulate and coordinate this cooperation: The Transatlantic AI eXchange.
The aim of this series is to stimulate exchange on AI between actors from both sides of the Atlantic and provide fertile grounds for entrepreneurs, researchers, investors, and policy makers to build long term partnerships.
Flows of data, compute power, talent and capital, the prerequisites for AI research and commercialization, align with geographic boundaries only incidentally, not fundamentally. Therefore, to reap the benefits of AI while minimizing its inherent risks, governments, research institutions and technology companies must work together. The need for global collaboration is also reflected in the ambitions of the German and US governments. Germany has created a conducive policy framework at government level to promote AI as a national priority. This includes the “AI made in Germany” strategy, which is closely intertwined with the EU’s AI policy as well as the regional AI governance frameworks and data strategies. The USA, formerly a pioneer in the development of AI strategies, is currently undergoing a promising realignment under the Biden administration around AI. American companies need new access to the EU’s slowly integrating digital market after Brexit, a function that Germany is well positioned to fill. And given the role of some Silicon Valley firms in degrading trust in the digital economy, private-public partnerships with European players could yield much-needed innovative solutions for protecting privacy and securing agencies and preventing bias. Therefore, to reap the benefits of AI and minimizing its inherent risks, governments, research institutions and technology companies must work together.
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