The European Commission Considering Export Controls on Critical Technologies
The European Commission is conducting risk assessments and considering export controls on “critical technology areas,” including artificial intelligence (AI) and semiconductor technologies, according to a press release from the commission. EU officials have identified four areas that need assessment regarding technology risk and the risk of technology leakage: AI, advanced semiconductor technologies, quantum technologies, and biotechnologies. These technologies were chosen based on their transformative nature, the risk of civil or military fusion, and the potential violation of human rights.
EU Resilience and Strategic Interests
Thierry Breton, commissioner for the internal market of the European Union, emphasized the importance of this move for EU resilience. He stated that it is crucial to continuously monitor critical technologies, assess risk exposure, and take measures to preserve strategic interests and security. The European Commission aims to adapt to new geopolitical realities and act as a real geopolitical power.
Risk Assessments and Collective Assessments
The risk assessments will be completed by the end of the year, with results and initiatives based on these assessments being presented by spring 2024. The commission plans to engage with the 27 EU member states to initiate collective assessments in the identified critical technology areas.
Similar Actions by the United States
The United States has also been evaluating export risks in similar technology sectors. It recently prohibited the export of high-level AI semiconductor chips to China and introduced legislation requiring companies to report investments in Chinese technologies. These decisions have prompted other countries to consider their own actions concerning AI technologies.
Hot Take: The European Commission Prioritizes Technology Risk Assessment
The European Commission’s focus on conducting risk assessments and considering export controls on critical technologies highlights its commitment to preserving strategic interests and security. By identifying AI and semiconductor technologies as areas of concern, the commission acknowledges the transformative nature of these technologies and their potential impact on human rights. This proactive approach aligns with the EU’s goal of adapting to new geopolitical realities and asserting itself as a significant global player. By engaging with member states and presenting initiatives based on risk assessments, the commission demonstrates its commitment to collective action in addressing technology risks.