European Patent Office: "António Campinos says Europe has “more or less lost” the global AI race, but can still be a major player in the next tech revolution if it focuses on bringing down barriers within the EU single market."

From EuroNews, March 26:

António Campinos says Europe has “more or less lost” the global AI race, but can still be a major player in the next tech revolution if it focuses on bringing down barriers within the EU single market.

The President of the Munich-based European Patent Office (EPO) has said that the European Union should focus on further integrating its single market if it is to win the global race in emerging technologies and grow market-leading enterprises. 

Speaking on Euronews’ 12 Minutes With, Campinos acknowledged that Europe has “more or less lost” the global race to dominate in the cloud and Artificial Intelligence (AI), but that there are “technological battles where we (Europe) can bring incremental improvements”.

The Munich-based institution he leads examines as many as 200,000 patent bids every year, allowing inventors and companies to obtain patent protection in up to 46 countries with a single application.

“The next big revolution I see is quantum technology. We're still in the phase in between fundamental research and development research, but we're coming rather close to the market. And typically, that's where Europe loses the battle of competitiveness, of innovation,” Campinos explained....

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