In an effort to keep Europe competitive for the anticipated benefits of artificial intelligence (AI), President Emmanuel Macron announced Monday at a worldwide summit in Paris that France will cut red tape to develop AI infrastructure.
The Paris summit, which is being co-hosted with Indian Prime Minister Narendra Modi, intends to establish the framework for overseeing the emerging industry as nations vie for the top spots in the rapidly evolving technology.
Macron told delegates, who included political leaders and executives from the IT sector, that when it comes to AI projects, “we will adopt the Notre Dame de Paris strategy,” which saw France restore the iconic cathedral within five years after it was destroyed in a fire in 2019.
“You make the decision, you simplify all the processes, someone is in charge,” he continued, adding that the program will cover data centres, licenses to sell AI goods, and “attractiveness” for businesses.
While AI has the potential to significantly increase international trade in the future, prominent participants have already stated that it is currently widening the gender pay gap. “Near universal adoption of AI… could increase trade by up to 14 percentage points” from its current trajectory, according to calculations made by her team, said Ngozi Okonjo-Iweala, the head of the World Trade Organisation.
However, the “fragmentation” of global restrictions on data flows and technologies could lead to a decline in output and commerce, she noted. The head of the International Labour Organisation, Gilbert Houngbo, stated that AI is mostly replacing humans in clerical positions that women in the workplace disproportionately occupy.
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