Mr. Denis Hannigan:

I would like to comment on the readiness from a regulation perspective. There is an onus within the EU AI Act to set up a new national competent authority, a new sandbox to facilitate some innovation and enable SMEs to determine their own risk approaches. It would be really encouraging to see appropriate investment going into those areas so that Ireland can position itself at the forefront and be a leader. We see some other governments acting. Mr. Geoffrey Hinton is now working for the UK Government and providing advice. It is not about single individuals but about building capability in some of these areas so that the Government is better informed.