We can't find the internet
Attempting to reconnect
Something went wrong!
Hang in there while we get back on track
European Commission, Europe Fit for Digital Age, VP Margrethe Vestager | Full Interview | Code 2021
EU VP Margrethe Vestager discusses essential tech regulation and governance, emphasizing the need for competition, tax transparency, AI ethics, and digital literacy to shape the digital age.
- We need to focus on stopping bad behaviors known from antitrust cases to ensure competitiveness.
- Big businesses should pay taxes where they create wealth, not hide behind loopholes.
- It’s important to find a balance between promoting innovation and regulating harm.
- AI should be designed to improve society, not control it; we must keep an eye out for unintended consequences.
- Platform regulation must involve horizontal assessments and responsibility for decisions made.
- EU, US, Canada, Australia, and Japan need to come together to shape tech regulation and governance.
- Online behaviors can perpetuate hate speech and biases; platforms must take responsibility.
- The EU should work with other organizations to create common standards for tech governance and set the direction for digital policies.
- We should prioritize digital literacy to empower individuals to make informed choices and avoid getting lost in rabbit holes.
- Social media can shape our experiences and opinions; regulation is needed to ensure accountability and protection of vulnerable groups.
- Consumers should be able to get transparent information on algorithmic decision-making, what data is used, and how to get recourse.
- Platform regulation must also cover issues like disinformation and terrorist content.
- The EU needs more digital assistance for users, better privacy by default, and privacy-enhancing solutions.
- Consumers should have more control over their digital lives and receive clear explanations from platforms about how they operate.