According to Venture Beat, “The European Union is set to release new regulations for artificial intelligence that are expected to focus on transparency and oversight as the region seeks to differentiate its approach from those of the United States and China.”

I am looking forward to seeing the final form of these new regulations. But, if GDPR is any indication of how EU regulators think, it will not accomplish the stated goal of making the EU AI competitive.

That said, I am a fan of the notion that it is not inevitable that big tech and nation-states have the exclusive rights to turn our data into action. This may be the most important subject for the next 100 years; that which controls the data… wins! It’s that simple, which means deciding what “that” is really, really matters.

Author’s note: This is not a sponsored post. I am the author of this article and it expresses my own opinions. I am not, nor is my company, receiving compensation for it.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.

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