EU faces major AI shortfall by 2030

The EU is far behind its 2030 AI targets, with only 11% of firms using AI. Optimistic leaders call for more investments, cooperation, and a completed Digital Single Market.
AI Brain: Digital graphic design showcasing AI technology.

According to a European Commission report, the EU must catch up to its 2030 AI targets. The investigation into the EU’s Digital Decade project revealed that only 11% of the EU enterprises currently use designated AI technologies, far short of the 75% target set for 2030. At this rate, the Commission estimates it would take almost a century to achieve this goal.

The report also highlighted other areas for improvement, such as the EU being over a decade behind in producing the desired number of tech unicorns and spreading basic tech skills among the general public. Despite these setbacks, European Commission leaders remain optimistic, pointing out that the report offers a clear path forward. Margrethe Vestager, the EC’s competition commissioner, stressed the need for increased State-level investments to reach the digital transformation targets.

Thierry Breton, the EU’s digital chief, echoed these sentiments, emphasising the importance of investments, cross-border cooperation, and the completion of the Digital Single Market to boost the adoption of key technologies like AI. The findings come amid concerns that the EU’s stringent AI regulations could hinder its global competitiveness, especially compared to less regulated regions like the US and China.