Recently, OpenAI released an economic blueprint for the European Union, highlighting four key principles for advancement in the field of Artificial Intelligence (AI). This blueprint aims to spur faster action from European nations to leverage the economic potential of AI. OpenAI points out that AI development not only boosts productivity but also helps revitalize Europe's economic competitiveness, preventing it from falling behind in the global race.

OpenAI

Image Source Note: Image generated by AI, licensed through Midjourney.

This detailed economic plan outlines recommendations in four key areas: building technological foundations, streamlining regulations, fostering widespread AI adoption, and ensuring AI development aligns with European values. Firstly, OpenAI emphasizes the EU's need for significant investment in computing power, data, energy, and talent. Specifically, OpenAI proposes an "AI Compute Expansion Plan" to increase Europe's computing capacity by at least 300% by 2030. Furthermore, creating a "Green AI Grid" to accelerate the approval process for renewable energy projects, aiming for EU-wide carbon-neutral AI infrastructure by 2030.

Regarding data, OpenAI suggests implementing an "EU AI Data Space" across various sectors by 2027 to facilitate the exchange of trustworthy data. While acknowledging existing initiatives like EuroHPC and AI factories, OpenAI believes these efforts require further acceleration and expansion.

Concerning regulation, OpenAI criticizes the EU's complex regulatory landscape, citing approximately 100 technology-related laws and over 270 regulatory bodies. They urge policymakers to reassess the current AI regulatory approach to remove obstacles to European competitiveness. OpenAI supports the EU's AI Act and suggests establishing an "AI Acceleration Fund" to finance AI projects with demonstrable social and economic benefits.

Additionally, OpenAI proposes establishing an annual "European AI Readiness Index" to assess national AI preparedness, appointing national "AI Readiness Officers," and encouraging tax incentives to boost AI investment by SMEs. Simultaneously, they aim to equip 100 million Europeans with basic AI skills by 2030 and promote a "Youth Digital Agency AI Initiative" to ensure young people's involvement in the AI field.

This blueprint clearly states that open and responsible AI development is crucial for Europe's future, and OpenAI hopes to promote the safe and compliant use of AI technology.

Key Takeaways:

🌍 OpenAI calls for massive EU investment in computing power, data, energy, and talent to enhance global competitiveness.

⚖️ OpenAI criticizes the EU's complex regulatory environment, recommending streamlined regulations to foster AI development.

👩‍🏫 OpenAI plans to equip 100 million people with basic AI skills by 2030 and encourage young people's participation in AI projects.