The digitalisation of Europe: how to keep up with the international fast paced tech run

Digitization is seen as the key to growth and securing a country's future. The German government and the EU have launched numerous projects to implement digitization to ensure that all citizens and companies can benefit from the digital transformation. But what does this mean for member and non-member states? Competition between China, the U.S. and Europe for international technology standards and the dominance of markets for digital products has reinforced this demand. A conscious sovereignty policy is needed to create framework conditions for European self-determination and to protect fundamental rights. For example, digitization also entails risks, such as vulnerability to attacks in the cyber and information space. Further strengthening also affects Europe's position in the competition for clean and green technologies as well as the labor market, where increasing digitization, also in relation to artificial intelligence, is a key success factor. In this context, the regulation of this can create an important balance between opportunities and risks. It remains to be seen how Europe will respond to the challenges of digitization and whether it can maintain its position as a global player in the technology sector.