French tech mogul Xavier Niel warns that Europe will be reduced to an ‘abandoned’ continent if it misses this crucial opportunity

If there is anything loud in the technology world, it is likely that Kazavier Neil has caught it. The infiltrator who has turned into Eintorinor has the empire of the sprawling communications, and sits on the five -member Tijook Council, and is a major hero at startup, where French Darling Mistal is among his investments.

The billionaire had managed to consider technical developments throughout his career. But he also witnessed that Europe slipped behind the United States and China in innovation.

Europe has produced some promising startups amid the madness of obstetric intelligence, such as Mistral AI and Alph Alpha. However, the region will have to do a lot to keep pace with the global artificial intelligence race.

Neil warns that Europe has a real shot to show its promise and creativity on the artificial intelligence front. But if the boat is lost, it may stop the link.

And he said to Financial times In an interview published in November.

Neil said what distinguishes European startups from artificial intelligence is their “values”, such as privacy and transparency. It also generates engineering and mathematics talents that focus on mathematics in its universities, which can give the region an advantage-if it moves quickly and breaks things, says the proverb.

“Certainly, the world is moving faster now; the resources are larger. But there will always be two smart children somewhere in the world, working outside the garage, with a technological vision or a new idea,” Nil said.

France, which is estimated at $ 8.7 billion, is located in the Bloomberg Billionails Index, at the Center for AI Development. His optimism in the ingenuity of Amnesty International in Europe was led to the development of the world’s largest emerging incubator in Paris, and F. He also collected $ 300 million in the Non -profit Amnesty International Research Laboratory alongside Eric Schmidt and Rudolphy Sadi.

However, he is concerned that if Europe fails to ride the wave of artificial intelligence, it will be reduced to “the most beautiful place in the world for museums.” Wireless In September. The current moment of artificial intelligence is similar to the current search engines. Today, they are largely run by American players, such as Google and Microsoft Bing.

“If you want to create a search engine now from zero, you cannot win because you were not there 25 years ago,” he said.

Other experts were also concerned about the backward Europe and how this could affect the prospects for security and defense in the region compared to the rest of the world.

Neil as one of the strengths in Europe also led to the perception that it organizes artificial intelligence very harshly, prompting competitors to get out of its market. The European Union has acknowledged a unique draft of the rules of artificial intelligence, which some see as a pioneer while others believe it is restricted.

In an in -depth report on Europe’s competitiveness, former European Central Bank president Mario Drajhi highlighted that artificial intelligence could open new opportunities if it is published correctly.

Meanwhile, the German CEO of German Technology said that excessive organization risk preventing startups in Europe. The likes of Mark Zuckerberg from Meta and Daniel Eyk issued an open speech in September and the frequency of similar concerns, and urged Europe to reform its “fragmented and uncomfortable” regulations on artificial intelligence.

Companies listed in the Fortune 500 EUROPE menu, which classifies the largest companies in the region through revenues, slowly merge but steadily into advanced applications. Ultimately, Europe’s strategy to face challenges can define whether the winner or a loser.

“Simply put, develop, launch or use technology is more difficult in Europe than it is anywhere else in the world. To stay in the world race, the European Union needs a new approach: reduce the risk of new technology while enabling innovation.” luck In October.

A copy of this story was originally published on Fortune.com On November 18, 2024.

This story was originally shown on Fortune.com

2025-03-26 06:21:00