According to Venture Beat, “The European Union is set to release new regulations for artificial intelligence that are expected to focus on transparency and oversight as the region seeks to differentiate its approach from those of the United States and China.”

I am looking forward to seeing the final form of these new regulations. But, if GDPR is any indication of how EU regulators think, it will not accomplish the stated goal of making the EU AI competitive.

That said, I am a fan of the notion that it is not inevitable that big tech and nation-states have the exclusive rights to turn our data into action. This may be the most important subject for the next 100 years; that which controls the data… wins! It’s that simple, which means deciding what “that” is really, really matters.

Author’s note: This is not a sponsored post. I am the author of this article and it expresses my own opinions. I am not, nor is my company, receiving compensation for it.

About Shelly Palmer

Shelly Palmer is a business advisor and technology consultant. He helps Fortune 500 companies with digital transformation, media and marketing. Named LinkedIn's Top Voice in Technology, he is the co-host of "Think About This with Shelly Palmer & Ross Martin." He covers tech and business for Good Day New York, writes a weekly column for Adweek, is a regular commentator on CNN and CNBC, and writes a popular daily business blog. Follow @shellypalmer or visit shellypalmer.com

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