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HomeTechnologyMalta and Artificial Intelligence: a global vision in a changing world

Malta and Artificial Intelligence: a global vision in a changing world

Discover how Malta is shaping the future of Artificial Intelligence, as Europe moves closer to adopting the AI Act regulation and the world signs the ‘Bletchley Declaration’

Last 24 October was a crucial day for the European Artificial Intelligence (AI) regulatory journey. On that date, significant progress was made towards the adoption of the first global AI regulation, known as the Artificial Intelligence Act (AI Act). This regulation will shape the future of a fundamental and rapidly evolving field, and Malta is ready to contribute significantly to this evolution.

The trilogue session between the European Commission, Parliament and Council mapped out a potentially shared path to address the challenges posed by AI, particularly those related to high-risk systems. The Spanish Presidency, engaged in the approval of the AI Act, accelerated the work, but also raised some concerns about the clarity and quality of the text. This legislative process has highlighted the uncertainty surrounding AI technology and its social, economic and legal impact.

Malta’s Artificial Intelligence Strategy

Malta, with its ‘Malta AI Strategy & Vision 2030’, has a clear vision of the role of AI in its future. The Maltese strategy recognises the importance of AI in education and workforce training, preparing the country for the challenges and opportunities that AI will bring in the coming years.

The strategy takes into consideration the economic and social impact of AI, aiming to position Malta as a centre of excellence for this technology, attracting investment and talent to the sector. Furthermore, Malta recognises the importance of ethics in the adoption of AI and is committed to developing a robust ethical framework.

Malta’s approach to AI reflects a global vision. The signing of the ‘Bletchley Declaration’ by Malta, together with 28 other countries, is a sign of collective commitment to managing the risks associated with the advancement of AI. This declaration is an important step towards international collaboration in addressing the ethical and security challenges related to AI.

Read also: Open a company in Malta: our guide to the main steps

The Global AI Summit and the ‘Bletchley Declaration’ are a starting point towards a future where AI technology will be developed in a safe and responsible manner. Kamala Harris, Vice-President of the United States, emphasised the importance of holding technology companies accountable and highlighted AI-related concerns, stressing the urgency of joint action to understand and manage potentially catastrophic risks.

There is no doubt that Malta is playing a key role in the evolution of AI, both at the European and global level. The Maltese strategy is a model of how a country can responsibly and effectively prepare for the future of AI. With a clear vision and a firm commitment, Malta is paving the way for an AI-driven future, where innovation is balanced by sound ethical regulation and international collaboration. As the world prepares for an AI-driven future, Malta is ready to play a key role in this technological revolution.

Do you have a project involving the use of Artificial Intelligence and would like to check if it is fundable? Are you looking for a partner to participate in a European project that focuses on the use of AI? Fill in and send the following form and we will contact you for an initial consultation.

DISCLAIMER

This article provides general information only and does not replace professional advice in any way. It is recommended to consult a qualified professional before making any important decisions regarding financial, legal or other matters. The author and the publication are not responsible for any errors or damages caused by the use of the information contained in this article.

Sergio Passariello
Sergio Passariello
Founder of the "Malta Business" network, a consulting, development and business organization network in Malta. CEO of Euromed International Trade which deals with business internationalization and commercial development. CEO of the Mediterranean Academy of Culture, Technology and Commerce, MFHEA licensed higher education institution. Founder of the CETA BUSINESS FORUM and the CETA BUSINESS NETWORK, the first digital entrepreneurial ecosystem to enhance the relationship between Europe and Canada.
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