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On 8 December, the European Parliament and Council reached a landmark agreement on the rules for using artificial intelligence (AI), including governments' handling of AI in biometric surveillance and how to regulate AI systems such as ChatGPT. The political deal between the European Parliament and the Council came after more than 2 days of negotiations. If, as expected, the agreed text is formally adopted by both the Parliament and Council to become EU law, the EU will become the first major world ...

The European Parliament is due to vote on a trilogue agreement on the proposal for a pilot regime for market infrastructure, which will establish a scheme to trade and settle transactions of financial instruments in crypto-asset form. The regime follows the ‘sandbox’ approach that allows for temporary derogations from some specific requirements. This way, the development of solutions for the trading and settlement of transactions in crypto-assets should be encouraged, while preserving a high level ...

In just over a decade, the payment industry has seen the launch of cryptocurrencies and their explosive growth, driven by progress in digital technology applications. However, owing to a range of factors, not least their significant volatility, cryptocurrencies have not been adopted on a massive scale, but instead are used largely for speculative purposes. Both national authorities and the private sector have attempted to tackle volatility. The private sector's answer was stablecoins, that is, cryptocurrencies ...

This study explores the prospects of aligning citizens' behaviour with the objectives of the European Green Deal in the domains of food consumption and mobility. Creating a climate-neutral and resource-efficient European economy requires a deep transformation of energy, mobility and food systems, as well as a change in production and consumption practices. Such profound change will impact both individuals and society. At the same time, the transition to sustainability will not succeed if people do ...

This paper shows that larger banks and better capitalised banks invest more in computer software. These findings could reflect that larger banks can attain greater benefits from computer software and that better capitalised banks have more resources to make larger software investments. All the same, smaller and less capitalised banks will also have to make substantial software investments to maintain sustainable businesses, something that supervisors will need to point that out to these banks.

Artificial Intelligence (AI) has become a tool of power politics, and an element of state diplomacy. The European Union, however, approaches AI primarily from an economic, social, and regulatory angle. This paper discusses the way that AI impacts the European Union’s geopolitical power, and its relationship with other countries. It presents possible scenarios for how AI may change the international balance of power and recommends ways for the EU and its members to respond.

Artificial intelligence (AI) policy debates are replete with metaphors. Even the term ‘AI’ relies upon a metaphor for the human quality of intelligence, and its development is regularly described as a ‘race’. While metaphors are useful in highlighting some features of their subject, they are so powerful that it can be difficult to imagine or discuss their subject in other terms. Here, we explore some challenges presented by the central metaphor of ‘intelligence’, examine how AI metaphors emphasise ...

Increasing digitalisation means that public administration at EU and national levels has come to rely on digital technologies as a means of carrying out their core functions, a process that has been intensified by the pandemic. This growing reliance on digital technologies, while beneficial, has also increased the risk of cyber-attacks, and key institutions at EU and national level have recently been targeted by cyber-attacks. During the June I plenary session, Members of the European Parliament ...

EU Digital Covid Certificate

Ve stručnosti 02-06-2021

On 17 March 2021, the European Commission issued a proposal for a regulation on a 'digital green certificate' to facilitate the free movement of EU citizens during the pandemic, and an accompanying proposal covering third-country nationals legally staying or residing in the EU. The certificate includes proof of vaccination, recent Covid 19 test results, and/or information on the acquisition of antibodies. The European Parliament is expected to vote on the text agreed in interinstitutional negotiations ...

- Artificial Intelligence: the real driving force of IoT. - Artificial Intelligence of Things (AIoT) incorporates all the possibilities of AI and IoT, but also all ethical and legal concerns. - Potential advantages and possibilities for EU of Artificial Intelligence of Things.