BRUSSELS — A perennial also-ran in the global AI race, Europe now sees an opportunity to win what promises to be another technological revolution by learning from its mistakes. Brussels is set to unveil the Quantum Act, a major piece of tech-sector legislation aimed at pushing EU countries to band together to attempt to stay ahead of the United States and China in quantum computing. A draft of the November proposal obtained by POLITICO seeks to overcome factors that have constrained Europe’s ambitions in artificial intelligence, including a lack of funding to turn research into commercially viable and competitive products — and to scale globally.
Crucially, it also shifts focus away from regulating the technology to driving competitiveness — an acknowledgement of concerns that Europe overregulated AI and shouldn’t do the same in a field in which it is at the scientific forefront. Quantum is considered the next technological breakthrough that could revolutionize many industries, from drug discovery to the military, as the problem-solving capabilities of quantum computers far surpass those of current computers. There is also a huge national security dimension, since it has the potential to break the encryption technology that secures modern communications and banking services.
Much of the research is still in the laboratory, but experts forecast that over the next five years, the new generation of computing will become more widely available — and be made only more powerful when fused with AI’s continued progress. The draft leans heavily on supporting the industry, ideally at the EU level, to avoid national champions struggling to scale because of a lack of funding. It also mandates governments to procure quantum technology from EU-based companies, or from countries that have a strategic partnership with the EU on the technology.
The EU agrees quantum legislation should be fundamentally different than for AI, a senior Commission official told POLITICO: “It’s not about regulation. There’s nothing to regulate.” The EU was quick to regulate AI through its AI Act, even before the 2022 release of ChatGPT brought generative AI into the technology mainstream. The Commission tabled a first proposal in April 2021, and talks closed in 2024.
It’s a resource, it’s hardware, it’s computing power,” Peronnin said. Becoming a world leader in quantum also means that the EU has to tame another decades-old problem: it is a research powerhouse that fails to translate that know-how into market-ready products and scale them to compete globally. Though it is one of the leaders in patents filed for quantum technology, Europe attracts only 5 percent of global private funding, last year’s Quantum Europe Strategy said.
The European Commission will tell European countries that joining forces is the way to help overcome the lab-to-market and funding gap. It suggests a “Quantum Europe Framework Initiative” to coordinate efforts across the bloc. If executed well, quantum executives are convinced the global race is still wide open for Europe.
Extract — continue reading at the source.
