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Policy Departments’ Monthly Highlights - June 2021

At a Glance
Summary : The Monthly Highlights publication provides an overview, at a glance, of the on-going work of the policy departments, including a selection of the latest and forthcoming publications, and a list of future events.

Artificial Inteligence market and capital flows - AI and the financial sector at crossroads

28-05-2021 PE 662.912 AIDA
Study
Summary : This paper studies the transformation that Artificial Intelligence (AI) is bringing to the financial sector and how this sector can contribute to developments of AI applications. The study addresses the contribution of AI to a more efficient, open, and inclusive financial sector and the challenges of the AI transformation, and it provides recommendations for policies and regulations of AI and financial services.
Authors : Giacomo CALZOLARI

Improving working conditions using Artificial Intelligence

25-05-2021 PE 662.911 AIDA
Study
Summary : The analysis considers evidence on the expected impact of Artificial Intelligence (AI) on jobs, discusses the potential of AI to create decent jobs and explores the extent to which AI offers opportunities and poses risks to working conditions. The analysis examines current policies at the European Union (EU) and Member State level and recommends some areas for action at the EU level.
Authors : Advait DESHPANDE, Natalie PICKEN, Linda KUNERTOVA, Annemari DE SILVA, Giulia LANFREDI and Joanna HOFMAN

The Role of AI in the European Green Deal

30-04-2021 PE 662.906 AIDA
Study
Summary : AI can be deployed for a wide range of applications to promote the goals of the European Green Deal. However, adverse environmental impacts of AI could jeopardise the attainment of these goals. The report describes environmental potentials, clarifies characteristics and causes of environmental risks, and outlines initiatives and best practices for environmental policies. It illustrates the need for regulatory action to align design and deployment of AI with the goals of the European Green Deal and concludes with specific recommendations.
Authors : Gailhofer/Herold/Schemmel/Scherf/Urrutia/Köhler/Braungardt

Challenges and limits of an open source approach to Artificial Intelligence

30-04-2021 PE 662.908 AIDA
Study
Summary : Coupled with the numerous opportunities emerging from the use of artificial intelligence, open source comes with the potential for innovation capacity in both the public and private sector. Advantages include the ability to enhance transparency, facilitate the auditing of AI and thereby enhance citizen trust, while stimulating economic activities and domain-specific expertise. Disadvantages and limits include legal, technical, data, risk management, societal and ethical challenges. This analysis examines all main open source artificial intelligence pro and cons and proposes seven recommendations to boost its uptake.
Authors : Alexandra THEBEN, Laura GUNDERSON, Laura López FORÉS, Gianluca MISURACA, Francisco LUPIÁÑEZ-VILLANUEVA.

Policy Departments’ Monthly Highlights - April 2021

At a Glance
Summary : The Monthly Highlights publication provides an overview, at a glance, of the on-going work of the policy departments, including a selection of the latest and forthcoming publications, and a list of future events.