Black Friday Sale! Save huge on InvestingProGet up to 60% off

EU experts call for companies to give access to AI technology

Published 06/26/2019, 11:30 AM
© Reuters.  EU experts call for companies to give access to AI technology
NOKIA
-
GOOGL
-
VLOF
-
IBM
-
GOOG
-

By Foo Yun Chee

BRUSSELS (Reuters) - The European Union should order companies to give rivals reasonable access to technology that can be used for artificial intelligence projects, a panel of experts, which includes Google (NASDAQ:GOOGL), SAP and IBM (NYSE:IBM), said on Wednesday.

The recommendation from the group, whose 52 members also include academics and representatives from industry bodies, could form the basis of EU-wide rules in the coming years.

The European Commission enlisted the experts' help last year as part of its plan to deploy artificial intelligence (AI) across the bloc and help European companies catch up with rivals in Asia and the United States.

"Consider the introduction of a data access regime on FRAND terms, namely fair, reasonable, and non-discriminatory. In addition, data interoperability amongst market players should be incentivized and required, where appropriate," the group said in its report.

The call comes amid a dispute between carmaker Daimler, car parts company Valeo (PA:VLOF) and Nokia (HE:NOKIA) on fair access to the Finnish company's patents for self-driving vehicles.

The experts also warned against governments using AI systems to spy on individuals. China has been criticized by activists, scholars, foreign governments and U.N. rights experts over what they call mass detentions and strict surveillance of the mostly Muslim Uighur minority and other Muslim groups in Xinjiang.

"While there may be a strong temptation for governments to 'secure society' by building a pervasive surveillance system based on AI systems, this would be extremely dangerous if pushed to extreme levels," the group said.

It said EU governments should commit not to engage in mass surveillance of individuals.

The experts also suggested developing AI tools to help civil society bodies and non-government organizations detect biases and undue prejudice in government decision-making.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.