This week, Project Syndicate catches up with Marietje Schaake, International Policy Director of Stanford University’s Cyber Policy Center and a former member of the European Parliament.
Project Syndicate: The first pillar of the three-part innovation agenda for the European Union that you proposed last year is “an ecosystem of universities and research centers” that can attract “the best minds from the research world, industry, the financial sector, and the entrepreneurial community.” But establishing such attractive academic institutions is no straightforward undertaking, not least because of the role of history and reputation. How should Europe approach – and finance – such an initiative?
Marietje Schaake: The European model of providing a high-quality, affordable education to a large share of the population is a good starting point, as it offers critical opportunities without the crippling student-loan debt seen in the United States. As global competition intensifies, EU member states should work together to build upon this model, with an eye toward strengthening Europe’s research ecosystem. The private sector should contribute to this process, especially by providing financing, though it is essential that academic independence be preserved.
PS: The third pillar of that agenda – “free and fair competition within [EU] markets” – is similarly complex. As you acknowledge, “Digitalization has produced winner-take-all markets, and the digital economy contains strong oligopolistic forces.” What regulatory measures would most effectively counter these tendencies, without undermining European firms’ ability to achieve the size and scale needed to compete against their Chinese and American counterparts?
MS: The European Digital Single Market – or, perhaps more accurate, “digital single space” – remains far from complete. But creating one shared set of regulations, rather than 27 separate ones, is essential to enable European companies to scale. Efforts to expand European companies’ access to capital would also bolster growth, as would fostering the so-called STEM disciplines: science, technology, engineering, and math. All of these measures are needed to strengthen Europe’s position vis-à-vis the US and China.
We ask all our Say More contributors to tell our readers about a few books that have impressed them recently. Here are Schaake's picks:
by Anu Bradford
This book charts the global ripple effects of European laws. At a time when multilateralism and principled leadership are hard to find, Europe’s capacity to shape economic globalization may be greater – and more important – than ever.
by Samantha Power
In this honest and personal memoir, Power explores her drive to serve the public and to fight for human rights. I recognize her deep-seated idealism – it is the strongest motivator I know. In fact, this book made me a little nostalgic for politics.
by Stuart Russell
This book sheds light on how AI works, what is at stake in its development, and what the future we share with it may hold. Russell illuminates the far-reaching risks that AI creates, and offers three principles to guide mitigation strategies.
From the PS Archive
Schaake proposes that the Internet be governed by a combination of voluntary and binding agreements. Read more.
Around the web
Schaake traces her path from university to parliament, and from human rights to artificial intelligence. Listen to the podcast.
Schaake answers questions about Europe’s agenda for digital regulation. Read the interview.