AI Act Impact Survey

Analysis of the impact of the EU AI Act on start-ups in Europe.

"As the EU is already lagging behind in innovation in the field of AI, this slowdown could destroy the AI ecosystem in the EU, as affected companies are also considering leaving the EU and moving to an area with more favorable regulation."
Chloe Pledel, European Project Manager, Hub.France.AI

Together with a broad spectrum of European contributors to this report, the appliedAI Initiative aims for a global leadership role in the field of AI, both in the AI strategies of individual countries and in the European strategy.

AI is considered an extremely strategic and transformative technology with major impact on our industry and society. This is also why our institutions exist - whether they were founded by national governments or the private sector. We all strive to achieve the goals of our AI strategies and share common goals of competitiveness, trustworthiness, and speed.

After receiving the feedback from our innovation ecosystems on the AI law presented in this report, we strongly urge not to forget how AI can be used to achieve our goals within the European Green Deal, healthcare, digital sovereignty, or other dimensions, amidst discussions on potential risks and negative impacts.

The current strong imbalance in the regulatory discussions will lead to us no longer being the creators but being shaped by others, resulting in a loss of our innovation power in AI. We hope that the voice of a true European AI ecosystem will be useful in the discussion on AI regulation in Europe.

This report is based on a comprehensive survey and provides, for the first time, an overview of the impact of the EU AI Act on startups in Europe.


Authors of the survey:

  • Andreas Liebl, Managing Director at appliedAI Initiative
  • Till Klein, Team Lead Trustworthy AI at appliedAI Initiative

AI Act Impact Survey

December 12, 2022

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Exploring the impact of the AI Act on Startups in Europe

As the EU is already behind in terms of innovation in AI, this slowdown could crush the AI ecosystem in the EU as the impacted companies also consider leaving the EU for a territory with a more favorable regulation.” - Chloe Pledel, Chef de projets européens, Hub.France.AI


Together with national AI initiatives from across Europe, appliedAI aims to boost Europe’s global competitiveness in AI and to accelerate AI adoption in line with each of our countries AI Strategies. AI is considered a strategic and transformative technology with a major impact on our industry as well as society. This is also the reason why our institutions exist - be it established by the national governments or from the private sector. We all strive for achieving the goals of our AI strategies and share the common targets competitiveness, trustworthiness, and speed.

Having received the feedback from our innovation ecosystems on the AI Act which is outlined in this report, we strongly advocate in all the discussions about potential risks and negative effects that we do not forget how AI can be used to help achieve our targets in the European Green Deal, Healthcare, Digital Sovereignty or other dimensions. The current strong imbalance in the discussions about the regulation will move us from being the shapers to becoming shaped by others. We would lose our innovative power in AI. We hope that the voice of a truly European AI ecosystem will be useful in the discussion of AI regulation in Europe.

This report is based on a profound survey and gives a masterly overview of the impact of the AI Act on Startups in Europe.

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Startups need to develop their solutions already now in compliance with the requirements of the AI Act but there are no standards or tools existing. We immediately need an ecosystem that develops those tools in parallel to standards and AI Act implementation.

Andreas Liebl, Managing Director of appliedAI