It acknowledges the potential for sustainable economic growth and addressing pressing challenges but also highlights the existing and emerging challenges associated with algorithmic decision-making. These challenges include discrimination, lack of transparency, privacy violations, job loss, exploitation, environmental impact, and digital exclusion. The statement urges tech leaders to address these concrete risks and advocates for collaboration among stakeholders, including those affected by AI. It emphasises Europe's role in shaping AI development to align with European values and calls for independent research laboratories dedicated to open AI research. The statement invites scientists, engineers, policy makers, and citizens to join and support these efforts. Read the full article here.