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The Handelot Times
Markets

What's in the new digital plan for the European union

Digital technology is changing people’s lives.

The Handelot Times Issue 18, April 2020 3 min read

Digital technology is changing people’s lives. This is why the European Union, aware of the socio-economic impact of this transition, has presented a strategy on the digital future with the aim of being able to have benefits on all levels: from citizens to businesses, up to the achievement of climate neutrality by 2050. The plan, which was presented by the President of the EU Commission Ursula von der This point, which in fact represents the basis of the other two, is based in turn on three main pillars, each with specific objectives: a technology that works for people; a fair and competitive digital economy and the creation of an open, democratic and sustainable society. The first pillar aims to enhance citizens’ digital skills, protect them from cyber threats and strengthen broadband and innovation capacities in areas such as medicine, transport and the Leyen - and studied in detail by the Executive Vice-President of the EU Commission Margrethe Vestager and the EU Commissioner for the Internal Market Thierry Breton - is based on three main actions:

environment. From an economic point of view, all this must translate into a lively community of innovative and fast growing startups. For this, a law is needed to strengthen the responsibility of online platforms and clarify the rules for online services.

The beacon of the digital future, however, is the third pillar, declined in all three meanings: a sustainable society, i.e. using technology to help Europe become climate neutral by 2050 (this is why we aim to reduce Carbon emissions from the digital sector); And a democratic and open society, allowing citizens better control

White paper on artificial intelligence

In detail, the goal is to attract 20 billion euros of investment in the European Union in this sector. According to Von der Leyen - who called himself ‘optimistic’ towards technology - artificial intelligence is a great opportunity for Europe, especially in terms of improving the daily lives of all citizens. For this reason, a white paper was presented with the aim of implementing its European excellence and fostering renewed confidence in the AI. A double track that aims to solidify and multiply the results - over 25 percent of industrial robots, for

The rest of this article is in the magazine Continue in issue 18

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