Netherlands Pledges $222M to Boost AI Investments and Compete Globally
Summary:
The Dutch government has pledged to invest 204.5 million euros ($222.07 million) to boost domestic artificial intelligence (AI) ventures. The move aims to position the Netherlands and the EU competitively in the global AI landscape, currently dominated by Asia and the U.S. The funds will enhance public understanding of AI, improve public AI testing facilities, and facilitate adherence to the EU's AI Act. The government also intends to foster domestic AI talent, invest in technological resources, and boost the EU's stance in the AI sector while continually revising the legal framework around AI.
On Thursday, Jan. 18, the Netherlands government pledged to earmark 204.5 million euros (approximately $222.07 million) to enhance domestic investments in artificial intelligence (AI). By doing so, the Netherlands aims to actively participate and not be left behind in the AI industry. The Ministry of Interior and Kingdom Relations stated that while Asia and the United States are currently at the forefront of responsible generative AI utilization, this injection of funds into AI innovations could help the European Union (EU) contend and shape the future trajectory of this tech sector.
As per the Dutch government's AI vision, they plan to initiate educational campaigns regarding the safeguarding of data from generative AI. Investigations are also underway to construct a protected and efficient national AI testing facility accessible to the public.
From the released publication, it becomes evident that the government intends to exploit the potential of generative AI systems like ChatGPT, while also mitigating the threats of disinformation and job scarcity. The Netherlands will also promptly start to comply with the core principles of the Europe's noteworthy AI Act that governs the use of AI by governmental agencies and details guidelines for market entry.
On a related note, in December 2023, the European Union reached a preliminary agreement on a risk-based framework to regulate AI, though some elements are yet to be finalized and official approval is pending. Despite this, the Dutch government confirmed that the Netherlands will begin to adhere to the EU's landmark Act as it stands rather than awaiting the final verdict.
Education, Culture, and Science Minister Robbert Dijkgraaf emphasized that the country must concentrate on nurturing AI talent in order to develop generative AI that is in line with European standards and principles. The Minister added that there is contemplation about investing in major scientific and technological assets, such as supercomputers, for the benefit of both the Netherlands and the European Union. This could strengthen the competitiveness of the EU in the large language models (LLMs) and other generative AI sectors. Nevertheless, the Dutch government plans to further consult various watchdogs for legislative counsel on the legal framework.
In related news, issues related to AI such as fraudulent AI 'kidnappings', a $20K robotic chef, and Ackman's AI plagiarism conflict has been featured in the AI Eye magazine.
Published At
1/19/2024 11:42:29 AM
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