US and China polarize AI advance while Europe lags behind

Europe risks being left behind in the race for Generative Artificial Intelligence, popularized by the ChatGPT platform.

Oliver Thansan
Oliver Thansan
30 May 2023 Tuesday 04:25
13 Reads
US and China polarize AI advance while Europe lags behind

Europe risks being left behind in the race for Generative Artificial Intelligence, popularized by the ChatGPT platform. "China and the United States have the advantage and polarize the advances of this critical technology through large companies and not research centers or universities," Carlos Escapa, head of AI at Amazon Web Service, warned this morning; Nuria Oliver, co-founder and director of the ELLIS Foundation, and Aleix Valls, founder of LiquiD, meeting at a round table organized this morning by the Cercle d'Economia.

During the panel discussion, moderated by Laura Urquizu, CEO of Red Points and member of the Cercle d'Economia board of directors, the experts also warned of the risk of bias in the algorithm in terms of race or gender. "It is necessary to intervene to correct results that contribute to reinforcing inequality with stereotypes, such as that beauty is only for whites or that the nursing staff is only made up of women," Oliver has maintained.

According to the opinion of the experts, regulation will be a key aspect in the future of this technology and that is why they have positively valued the efforts of the European Union to approve legislation tailored to AI in 2021, when the rise of ChatGPT.

Despite the potential risks of the technology, the opportunity of Artificial Intelligence "is enormous", the managers have agreed. Especially, they have emphasized the automation of functions of white collar (administrative) jobs, as well as some creative tasks and academic activities.