The European Commission has put the social economy at the top of the agenda for 2020. The aim of the opinion is to emphasise the importance of the common good as a key European value, including in the area of economic activity, and to highlight the high level of innovation of social economy enterprises committed to the common good, with a focus on the provision of social services.
Blockchain and distributed ledger technology as an ideal infrastructure for Social Economy (Own-initiative opinion) - Related Opinions
Blockchain technology contributes to achieving the Sustainable Development Goals (SDGs), empowers citizens, boosts entrepreneurship and innovation, improves mobility and cross-border opportunities for businesses while enhancing transparency for consumers. However, several challenges still remain to be addressed, in particular the urgent matter of providing legal clarity and certainty and protecting privacy.
The EESC believes that AI and automation processes have enormous potential to improve European society in terms of innovation and positive transformation, but they also pose significant challenges, risks and concerns.
Artificial Intelligence (AI) technologies offer great potential for creating new and innovative solutions to improve peoples lives, grow the economy, and address challenges in health and wellbeing, climate change, safety and security.
Like any disruptive technology, however, AI carries risks and presents complex societal challenges in several areas such as labour, safety, privacy, ethics, skills and so on.
A broad approach towards AI, covering all its effects (good and bad) on society as a whole, is crucial. Especially in a time where developments are accellerating.
Banking and insurance are evolving. Insurance companies and banks are at the forefront of the development of the digital economy. The very nature of their activities lends itself to the intensive use of the new technologies. In a highly competitive framework marked by a keener pursuit of competitiveness, insurance companies and banks have become part of an ongoing drive for innovation.