The dynamic combination of Artificial Intelligence (AI) and Virtual Worlds (VW) is fast becoming the lifeblood of the digital economy. As these technologies evolve, they are beginning to shape how business is conducted increasingly online. However, such technologies require stable, high-speed, ultra-low-latency electronic communications networks and services (ECN/ECS) to function optimally.

Take, for example, high-frequency trading. Artificial intelligence algorithms buy and sell stocks at ultra-high speed, making thousands of trades in the blink of an eye. For such a system to work, it requires incredibly high-speed, low-latency networks. Without these, the algorithms wouldn’t be able to react quickly enough to make profitable trades.

Additionally, the rise of cloud services and edge computing is increasingly intermingled with ECN/ECS. These modern solutions are integral for AI and VW technologies, illustrating the need for a comprehensive cloud, edge, and ECN/ECS approach. This comprehensive approach can promote competition, ensure consistent quality and pave the way for digital innovation.

Regulation and AI’s Role in Telecommunications

While many Artificial Intelligence systems in the telecommunication industry are still being developed, AI is projected to play a significant role in this sector’s future. The BEREC (Body of European Regulators for Electronic Communications) aims to identify these developments in selected use cases, assess their regulatory impact and increase awareness of the diverse range of AI applications in this sector.

Since 2017, European institutions have honed their focus on AI, driving its development while ensuring that EU citizens’ rights and valued principles aren’t compromised. A draft Artificial Intelligence Act is currently under discussion. 

This act aspires to establish EU AI system regulations that are safe and aligned with EU law, promoting legal certainty to stimulate investment and innovation in AI. The proposed draft of the AI Liability Directive will support this essential legal framework.

Maximising the Potential of AI and VW

In its position document on AI and VW presented to the European Commission, BerEC underscores the importance of having high-quality ECN/ECS, such as high-speed networks with low latency and cloud and edge computing availability. This combination of factors is vital for AI and VW to flourish.

Moreover, BerEC recognises that incorporating AI technologies could bring ground-breaking benefits in innovation, operational efficiency, and service quality. However, caution must be observed as it may lead to increased competition issues that could adversely affect users’ choices and innovation.

Adopting a People-Focused and Sustainable Approach

BEREC is also vocal in advocating a people-focused approach, whereby end-users significantly contribute to AI progress because they provide vital data and feedback. This user data and feedback are instrumental in improving and refining AI services. BEREC also supports tackling AI and VW’s environmental footprint head-on, pushing for use cases beneficial to digital and green transitions.

BEREC also highlights cybersecurity, asserting the need to construct a robust and secure foundation to effectively manage risks and fortify network security.

Future Paths for AI and VW in the Digital Economy

Constantly analysing market trends and collaborating with EU institutions and European bodies, BEREC is keen to identify potential challenges, contribute to defining possible solutions, and ensure that new digital technologies and services benefit the European populace.

Finally, fusing AI and VW into the digital economy presents numerous opportunities and challenges. A holistic stance that considers high-quality ECN/ECS, fair competition dynamics, a people-first approach, and environmental sustainability is vital. Only then can these technologies truly benefit the European people.

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