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…
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…