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Equal opportunity.. 3 nations vying for leadership in artificial intelligence in the Old Continent

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artificial intelligence

artificial intelligence

Many countries are looking forward to leading the world in the development of artificial intelligence technology and gaining a foothold in the world of this technology. This technology has become invaluable, especially in the emergence of a new generation of artificial intelligence, or “generative artificial intelligence”. after. “At the end of 2022, this opens the door to increased competition in the field, which will spark a revolution in different areas of life.

There is no doubt that the United States is currently undisputed in the global race to generate artificial intelligence, and with the support of tech giants such as Google, Microsoft, and OpenAI, the United States has become a major player in this field. The industry is expected to be worth more than $100 billion by 2025, and China is cementing its second place in the industry, taking steps it believes will overtake the US later.

While the United States and China are vying for the top of the world’s artificial intelligence industry, France is trying to participate in the new technology race, but has a lower ambition of becoming a European artificial intelligence center.

France seeks to be number one in artificial intelligence in Europe

France is currently striving to become Europe’s No. 1 in artificial intelligence, as evidenced by recent events at the Viva Tech 2023 conference in Paris, the French capital. Macron announced that France will invest wildly in training and research in the field of artificial intelligence, noting that France enjoys a good position in this field because of its ability to acquire talents and emerging companies in the technology field.

Rivalry of Germany and Great Britain with France

In its quest for the title of “European Center for Artificial Intelligence,” France faces fierce competition from Germany and the United Kingdom, both of which have revealed plans to invest billions of dollars in research and development of artificial intelligence technology, stepping up the potential of this revolutionary technology. The economic benefits will open the door to unprecedented mutations in many fields.

France makes progress in artificial intelligence

In an interview with Sky News Arab Economics, digital transformation and artificial intelligence expert Paul Seman said France, under Macron, is making great progress in creating a European hub for artificial intelligence,” noting that this step is driven by economic Driven by interest and strategic importance. For this technology, as countries realize the transformative potential of the AI ​​industry and its role in driving economies, creating jobs and enabling growth.

France allocates 500 million euros

Saiman said that Macron’s intention is to invest heavily in training and research in the field of artificial intelligence, aiming to create and strengthen new economic sectors, and to attract talents and investment from around the world. France recently allocated 500 million euros to cultivate artificial intelligence. Pioneering, noted that from a strategic point of view, the dominance and advantages of artificial intelligence have implications for countries, especially with regard to the military applications and tools that are expected to emerge as a result of this technology.

France’s supportive policies

Semaan revealed that France’s leading path in the field of artificial intelligence in Europe relies on its many innate advantages, including a strong research institution composed of international universities and research institutions, as well as a large number of qualified professionals. Government decisions and policies point out that France’s goal is not only to become a leader in the field of artificial intelligence, but also to create a thriving artificial intelligence ecosystem for its future.

Seeman emphasized that Paris regards excellence in the field of artificial intelligence as a source of national pride and reflects France’s unique identity in the field of artificial intelligence in the world.

Adding $4 Trillion to the World Economy

Technology developer Fadi Haymour told Sky News Arab Economics that while generative AI is an emerging technology, it has caused a stir due to its promising capabilities, and it is not a matter of speculation about the McKinsey report Generative artificial intelligence could add $2.6 trillion to $4.4 trillion a year to the global economy, the report said, as the technology’s impact would benefit all industries, particularly banking, medicine and trade, noting that because countries know about it , so we see it competing for a place in the development of generative artificial intelligence.

3 European countries vie for first place

Highmore said that in the Old Continent, France, Germany and the United Kingdom are vying for the first place in artificial intelligence, so Paris is eager to win the title of European artificial intelligence center. Same as Germany and UK opportunities, they have also announced big plans in this area, including allocating huge funds to support this trend, noting that based on what is happening now, it will take a few years to see who will be in Europe outpaces all three countries in the AI ​​race, while the global race favors the United States.

Haymour concluded his talk by pointing out that the world before generative AI will not be the same as the world after, especially because the changes this technology will bring span everything from telephony to finance to the military, so we see All major countries have invested in the field of artificial intelligence.