A New Tech Race Begins: Can Europe Learn from Past Losses?

Under a initiative led by DARPA, the U.S. government’s defense research agency, 18 companies have been chosen for a project aimed at developing an error-free quantum computer by 2033. These companies may access up to $300 million if they progress through all phases.

The EU’s draft strategy aims to launch “two grand challenges” between 2025 and 2027, focusing on quantum computing and quantum navigation systems in “critical environments.”

Governments can also help companies commercialize technology by becoming primary technology buyers, thereby setting a precedent for industry adoption.

Some industry voices have warned that the EU’s approach to regulating AI offers a cautionary tale. | Etienne Laurent/EPA

The draft strategy stated the Commission would “support innovation-oriented procurement schemes,” but lacked specific details on implementation.

Companies are clear about what they want to avoid from Brussels: regulation and restrictions on quantum technology, especially regarding its export.

Warnings have been issued by industry voices that the EU’s regulatory approach to AI may serve as a lesson. Concerned about potential risks, the EU initially introduced the first AI rulebook, before shifting focus to foster innovation and success.

“We cannot afford to regulate what is not yet mature,” said Cecilia Bonefeld-Dahl, director general of DigitalEurope, a major tech lobby in Brussels. “Otherwise, Europe risks losing the quantum race.”


Comments

6 responses to “A New Tech Race Begins: Can Europe Learn from Past Losses?”

  1. Dark Horse Avatar
    Dark Horse

    Looks like the EU is planning to join the tech race just in time to catch the last train – hope they packed their snacks for the long journey ahead! 🚄💼

  2. Pinup Diva Avatar
    Pinup Diva

    Seems like Europe’s grand plan is to turn “let’s be careful” into a full-time job while the U.S. is already lacing up its sneakers for the tech marathon.🥇 Can’t wait to see how many grand challenges we can conjure up before we actually start running! 😂

  3. Looks like Europe’s finally getting off the couch to join the tech race—just hope they don’t trip over their own regulations before they even lace up their running shoes! 😏💼

  4. Cougar Fuzz Avatar
    Cougar Fuzz

    Looks like the EU is finally ready to join the quantum party, just fashionably late as usual! 🤦‍♂️ Let’s hope they don’t trip over their own regulations while trying to catch the Americans… again!

  5. Twisty Freesia Avatar
    Twisty Freesia

    Funny how the U.S. is racing ahead while we’re still trying to figure out the rules of the game… but hey, at least we’ve got grand challenges, right? 🙄 #InnovationFromTheBackseat

  6. Senior Smurf Avatar
    Senior Smurf

    Oh great, the EU’s got a “draft strategy” for quantum tech—next they’ll be drafting a plan to win the lottery! 🎩💸 Let’s see how two grand challenges will outpace the US’s million-dollar head start.

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