Source – Business Today
French President Emmanuel Macron emphasized Europe’s distinct approach to artificial intelligence (AI) innovation, tech regulation, and competition with China, positioning the continent as a key player in the evolving global tech landscape. Speaking in an exclusive interview with CNBC’s Andrew Ross Sorkin in Paris, Macron highlighted Europe’s aspirations to become the third major global tech force, challenging the dominance of the United States and China.
Diversifying Tech Giants: Promoting European Players
Macron criticized the current tech landscape dominated by Chinese and American giants, stressing the need for greater diversity. He advocated for the emergence of European tech giants, citing France’s leading AI company, Mistral AI, as a potential contender. Macron welcomed recent investments in European AI startups, including Microsoft’s 15 million euros investment in Mistral AI and H’s $220 million financing round.
Building a Vibrant European Ecosystem
The French President emphasized the importance of a vibrant European tech ecosystem, not only for Europe but also for the global tech community. Macron highlighted the significance of technology leaders gathering in Paris for events like the VivaTech innovation trade show, underscoring the country’s commitment to fostering technological innovation and entrepreneurship.
Government Support and Regulation
Macron highlighted the role of government support and regulation in fostering AI innovation and investment in Europe. He referenced Microsoft’s significant investment commitment to France and emphasized the need for balanced regulation to ensure both innovation and the protection of citizens’ rights. Macron applauded the European Union’s regulatory efforts, including the EU Artificial Intelligence Act, positioning the EU ahead of the United States in AI regulation.
Navigating International Relations
When discussing international relations, Macron advocated for a collective approach in dealing with China, stressing the importance of adherence to international rules. He expressed neutrality regarding technology nationality, contrasting Europe’s approach with recent U.S. regulations targeting Chinese-owned apps like TikTok. Macron called for a collaborative effort to address China’s competition in trade and innovation while upholding international standards.
Looking Ahead: European Tech Productivity
In conclusion, Macron acknowledged Europe’s historical challenges in tech productivity compared to the United States but emphasized the continent’s potential for growth and innovation. He called for a shift towards a more collective and proactive approach to technology development, positioning Europe as a key player in shaping the future of the global tech landscape.
