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11.09.2024

The European Commission has entrusted former President of the European Central Bank and former Italian Prime Minister Mario Draghi with preparing the long-awaited report containing a plan to boost the EU’s competitiveness

The plan outlines strategies aimed at strengthening Europe’s economic position, with a focus on innovation – including healthcare. Draghi suggests that an unprecedented level of investment – up to 800 billion euros annually – is necessary for the EU to compete with the US and China.

The report proposes the introduction of a “Vertical AI Priority Plan” targeting 10 key sectors of the economy, including healthcare and pharmaceuticals. This bold move promotes:
🤝 cross-industry collaboration on AI development
🖥️ shared data resources for training AI models
✍🏻 regulatory sandboxes (#RegulatorySandboxes) for AI experimentation

Including healthcare in the proposed plan is a highly intriguing prospect. Could encouraging data sharing and AI integration lead to faster drug development or more personalized therapies?

However, the issue is far more complex. Questions remain regarding patient privacy, regulatory balance, and practical implementation. Nevertheless, Draghi’s report is the beginning of a discussion, not the final word. Delving into the topic will require weighing the real potential against practical challenges.

What are your thoughts on how this might transform European healthcare?
The full report is available at the following link: https://tiny.pl/g2w19463