In an era where technological advancements shape economies and societies, the European Union reaches a turning point. The European Association of Research and Technology Organisations (EARTO) has recently released a compelling paper outlining a strategic vision for enhancing economic prosperity across…
Mitigating Risks in Generative AI: A Guide to the NIST AI Risk Management Framework
by Mónika Mercz The US National Institute of Standards and Technology (NIST) released NIST-AI-600-1, Artificial Intelligence Risk Management Framework: Generative Artificial Intelligence Profile[1] on July 26, 2024. The document is a cross-sectoral profile of the AI Risk Management Framework (AI RMF…
The Paris AI Action Summit: Charting AI’s Global Trajectory
The 2025 Paris AI Action Summit marked a pivotal moment in global artificial intelligence governance, convening over 1,000 participants from 100 nations to address AI’s societal, economic, and environmental impacts. While the summit produced a landmark declaration signed by 58 countries[1]—including…
Quick Review: A Competitiveness Compass for the EU
The European Union stands at a crossroads. Despite its strengths—a skilled workforce, a continental Single Market, and a stable legal framework—the bloc has struggled to keep pace with global competitors like the U.S. and China. Productivity growth has stagnated for decades,…
The Need for Kill-Switch Deployment in High-Risk AI Systems
The rapid advancements in artificial intelligence (AI) have brought about transformative possibilities across industries, but they have also raised significant concerns regarding safety, control, and ethical implications. The emergence of autonomous AI systems with advanced decision-making capabilities has amplified these concerns,…
Factors of success and downfall in industrial policy
by Mónika Mercz A good and effective policy is not only defined by the commonly used top-down approach. Rather, involvement of several stakeholders, a strong bureaucratic capacity, and safeguards against regulatory capture are all essential components of it. While we must…