But won’t this stifle innovation, one might worry? Quite the opposite, we think. Europe's competitive advantage in AI is unlikely to arise from pouring hundreds of billions into building the largest foundational models. Instead, it will come from industrial adoption, effectively integrating GPAI into useful downstream applications–an approach that plays to Europe’s true strengths: rich data pools, world-class applied engineering capabilities and dynamic SMEs, which make up 99% of all businesses.
This is an interesting angle - ease of adoption when the tech is "boring", and reduced risk