EU Commission plans risk analysis for security-relevant technology areas with regard to rivalry with China

EU Commission plans risk analysis for security-relevant technology areas with regard to rivalry with China

In view of the growing rivalry with China, the EU Commission is planning a comprehensive risk analysis for four security-relevant technology areas. These include artificial intelligence (AI), modern semiconductor products, bio- and quantum technologies. Depending on the results of the analysis, protective measures such as export controls or reducing dependence on certain suppliers should be taken. The aim is to preserve the strategic interests and security of the EU. The selection of technology areas is based on specific criteria such as the potential for fundamental changes in the economic world and the possible military or restrictive use of the technologies. An example of the misuse of AI is the manipulation of public opinion in election campaigns via social networks and the Internet. The risk analysis is carried out in collaboration with Member States and the private sector.

According to a report by www.stern.de The EU Commission has announced that it will carry out a risk analysis for four technology areas in order to manage the growing rivalry with China. This analysis could have a significant impact on the market and the financial industry.

One possible impact would be to strengthen domestic production and research in the above-mentioned technology areas. If the risk analysis shows that dependence on certain foreign suppliers should be reduced, EU companies could be encouraged to invest in the development and production of AI, advanced semiconductors, bio- and quantum technologies. This could lead to increased demand for skilled workers and investments in these areas.

Another possible impact is stricter export controls. If the risk analysis shows that certain technologies pose a security risk, export controls could be introduced to prevent the uncontrolled transfer of these technologies. This could affect trade with China and other countries and significantly alter the global technology market.

The risk analysis could also influence the introduction of new regulations and policies on the use of AI and other technologies to manipulate public opinion and fundamental rights. If the analysis shows that certain technologies can be misused, stricter rules could be introduced to regulate and monitor these technologies. This could impact companies operating in these areas and lead to increased demand for IT security professionals.

Overall, the EU Commission's planned risk analysis shows that the rivalry with China could have a major impact on the market and the financial sector. Companies should prepare for changes in technology trading, investment and regulation that may result from this analysis. It remains to be seen what specific measures will be taken once the risk analysis has been completed.