Germany in the race to become a world leader in AI
Technological advances are being made more and more rapidly, which forces all people, companies, industries and governments that wish to be at the forefront of innovation to be attentive and be able to adapt and incorporate these changes in a timely manner to their day to day. That is why one of the most influential countries within the European Union (EU) Germany, is including new investment plans in the field of Artificial Intelligence (AI).
On May 23, the German government announced an increase of 500 million euros to the funds allocated in 2019 for the development of support measures for investment in the Artificial Intelligence sector.
Germany has positioned itself as one of the leading countries of the EU in almost all aspects, particularly in the economic sector; therefore it is not surprising that they try to maintain that status also in the technology and innovation industry. That is why the government has a strategy to remain as a European leader in the AI, which will be financed by approximately 3,000 million euros until 2025.
As part of this plan, it is planned to improve communication channels between industry representatives, those with innovative projects and government entities, so that the country can develop its full potential in this field. The Minister of Economy and Energy, Peter Altmaier made a statement on the matter, stating that:
"In the field of AI we have to move faster from research to application. The goal is for small and medium-sized companies to use and really take advantage of artificial intelligence. "
Of the 500 million that are planned to invest this year, it is expected that 230 million will be invested in measures of practical application of the AI, 190 million euros in the research and promotion of young scientists and about 55 million euros for actions in the areas of social dialogue and participation, as well as the evaluation of the effects of technology and work for its promotion among entrepreneurs and traders.
This shows that technological innovation is becoming a fundamental element not only for the sector but also for politicians and governments that want to maintain an important position at the international level.
I am a student of International Studies, interested in new technologies and their impact in the world. Faithful believer that tenacity is the basis of success.
. (tagsToTranslate) Germany (t) IA (t) Artificial Intelligence
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