The European Union can have its generative AI system “within five years”, assures Bruno Le Maire

by time news

2023-07-08 15:13:58

By Le Figaro with AFP

Posted 42 minutes ago

In mid-June, the Minister had already insisted on the need for the European Union to “invest and innovate” to develop artificial intelligence systems. STEFANO RELLANDINI / AFP

This technology “will allow us, for the first time in several generations, to regain productivity, to be more efficient”, argued the minister, in Aix-en-Provence.

The French Minister of the Economy considered it possible on Saturday for the European Union to build “under five years“his own generative artificial intelligence (AI) system, which he says will help improve the productivity of an economy”languissante».

«Generative artificial intelligence will allow us, for the first time in several generations, to regain productivity, to be more efficient“, launched Bruno Le Maire in front of a conquered public at the Economic Meetings of Aix-en-Provence, in the south of France. “I therefore plead, before laying the foundations for the regulation of artificial intelligence, for us to innovate, invest and set ourselves the objective of having a European OpenAI within five years, with the calculators , the scientists and the algorithms needed. It’s possible“, he added. It’s science”which will finally allow us to make productivity gains in a somewhat languid European economy», plus «tortillard” what “TGV“, he insisted.

The general public discovered the immense potential of artificial intelligence systems at the end of 2022 with the release of the ChatGPT editorial content generator from the Californian company OpenAI, which can write essays, poems or translations in seconds. But the dissemination on social networks of false images, more real than life, created from applications like Midjourney, has alerted to the risks of manipulation of opinion and the dangers for democracy.

ECB inflation target debate

In mid-June, the Minister had already insisted on the need for the EU to “invest and innovateto develop artificial intelligence systems, before “regulateof American technologies, at the risk otherwise of losing itsindependence“. The European Parliament approved in June a draft regulation of AI and the EU hopes to conclude before the end of the year the first regulation in the world aimed at regulating and protecting innovation in this strategic sector.

On a completely different subject, Bruno Le Maire was in favor of economists discussing the advisability of the European Central Bank (ECB) raising its inflation target from 2% to 3%. “If economists open this debate (…), why not? No taboos, transgression, that’s how we go“, did he declare. The economist Patrick Artus spoke out on Saturday for such an increase, in particular to allow the States to free up more budgetary room for maneuver and to limit the increase in their public debt.

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