Europe's plan to ride a new wave of AI innovation into a technological renaissance relies on companies sharing their data. That's easier said than done.
seek to gather"essential" data gathered by companies, Breton has stated in interviews.
"It’s primarily by fostering a climate of research and entrepreneurship that Europe can avoid losing place further. And Brussels must understand that overregulation might be as large a threat as the absence of regulation."The Commission has plenty of support from countries, including France, Germany, the Netherlands and Sweden, for its data-sharing scheme. But it's only getting started in trying to bring industry on board.
“We think it [mandatory sharing] could stifle the willingness for companies to invest in the gathering and refining of data,” said Clemens Otto, from BDI, a lobby for German industry. This in turn, would stifle innovation, Otto argues. “Big players in the old economies that have to open up their data run a risk of being taken over by experienced data players with new business models,” said Susanne Dehmel of German digital lobby Bitkom.
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