Europe reveals its ambitious tech blueprint to take on Silicon Valley and China
EU Competition Commissioner Vestager talks to the media at the European Council headquarters in BrusselsEurope revealed ambitious plans to challenge US and Chinese dominance in tech and artificial intelligence.
The proposals were set out Wednesday by Margrethe Vestager, Thierry Breton, and Ursula von der Leyen, all senior members of the European Commission. "We believe citizens should be empowered to make better decisions based on insights gleaned from non-personal data," she wrote. The goal is to create the data single market by 2030, covering everything from health data to financial and energy data., the commission outlined its concerns over the "accumulation of vast amounts of data" by big tech — likely referring to US giants Facebook, Amazon, and Google. The commission hinted at further regulation to curb these giants' power.
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