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The Capital Meets Policy DialogueTM, Europe Chapter

Fostering Inclusive Policymaking

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Wednesday 3 July

11:30am - 1:30pm

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The Circle Convention Centre

"Where policymakers, capital providers and innovators converge to shape the future of financial technology."

"Where policymakers, capital providers and innovators converge to shape the future of financial technology."

The Capital Meets Policy Dialogue is the premier annual summit between senior policymakers and major capital providers (VCs, PE, family offices and sovereign wealth funds). It brings together the most influential voices on both sides to debate solutions to the most pressing issues facing capital investment, value creation and policymaking. Woven intentionally close to a technology theme with high potential for growth and value creation, the Dialogue aligns two critical stakeholders of economic progress towards an informed and enabling outcome.

Programme

Agenda

  • 3 July

 

11:30am - 11:50am

The Capital Meets Policy Dialogue: Uncovering AI Facts, Fiction, Factors and Forecasts, That Are Unnerving Policymakers and Investors Globally

Speakers
Navin Suri
Navin Suri
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Speakers
Navin Suri
Navin Suri

 

11:50am - 12:40pm

The Dialogue: Capital meets Policy

Speakers
Caroline Pham
Caroline Pham
Sunil Sabharwal
Sunil Sabharwal
Karmela Holtgreve
Karmela Holtgreve
Hans Koning
Hans Koning
Stefan Klestil
Stefan Klestil
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Speakers
Caroline Pham
Caroline Pham
Sunil Sabharwal
Sunil Sabharwal
Karmela Holtgreve
Karmela Holtgreve
Hans Koning
Hans Koning
Stefan Klestil
Stefan Klestil

 

12:40pm - 1:30pm

The Innovators' dilemma: Navigating capital constraints and policy hurdles

Speakers
Anupriya Ankolekar
Anupriya Ankolekar
Christian Frahm
Christian Frahm
Michael Stemmle
Michael Stemmle
Nikos Andrikogiannopoulos
Nikos Andrikogiannopoulos
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Speakers
Anupriya Ankolekar
Anupriya Ankolekar
Christian Frahm
Christian Frahm
Michael Stemmle
Michael Stemmle
Nikos Andrikogiannopoulos
Nikos Andrikogiannopoulos

Programme

The Capital Meets Policy Dialogue: Uncovering AI facts, factors, fiction and forecasts unnerving policymakers and investors globally

This hard-hitting 20-minutes will lay bare the latest for and against arguments on AI, fuel the debate on whether to produce standards or startups first, to invest or not, pause or accelerate, expand or shrink, and of course, regulate or innovate. Whatever the answer, it is clear that opportunity has come knocking, but do we dare answer? The stakes have never been higher. Learn why.

The Dialogue: Capital Meets Policy

President of France said ‘we are regulating things that we have not yet produced or invented. It is not a good idea.’ CEO of CB Insights echoed the thought ‘The EU now has more AI regulations than meaningful AI companies.

The questions:

The risk of a larger non-EU-based partner using its market power to pull high-potential EU-based AI startups out of the EU. Mistral-Ai proves that risk. Germany’s Aleph Alphi and UK-based Synthesia and StabilityAI too. 
Voluntary flight of startups to non-EU locations including US, in search of capital, and more open to innovation policies. E.g., USA, Japan
EU-based startups having to develop new code bases if they wish to sell outside of the EU, which means more time, cost, and risk 
Foundation models such as GPT-4 have been termed ‘systemic’. Has this aggressive categorization come too early? 
Need for greater transparency. To publish publicly available summaries of training data which might affect competitiveness and IP 
How does one go about educating citizens of how algorithmic harms happen if citizens have been given more agency to complain about AI systems. 

The Innovators' dilemma: Navigating capital constraints and policy hurdles

Startups developing or using general purpose AI models will need to comply with transparency obligations, such as providing model documentation and ensuring copyright compliances. And while large models like OpenAI, Meta, Google, etc., will be under greater scrutiny, every application (think every startup) that uses them behind the scenes may also be at risk. 

The questions:

Is the EU missing another tech wave with AI regulation? 
Prioritising between producing startups and producing standards 
How are the new measures to assist startups with dedicated access to supercomputers (AI factories) being received by the community 
Startups may struggle to identify whether their systems fall under the high-risk category, leading to uncertainty and potential compliance issues 
Is there a risk that rival nations will poach top AI talent from the EU much easier now?

Who Attends: Senior leaders & decision-makers
(C-Suite, Managing Director, Partner Level)

Capital Providers and Arrangers / Facilitators

  • Venture Capitalists and Private Equity
  • Corporate Venture Capital and Corporate M&A
  • Single / Multi-family Offices
  • UHNWIs / HNWI
  • Investment Banking
  • Private Wealth
  • Law Firms
  • Representatives from Development Finance Institutions
  • Representatives from Sovereign Wealth Funds, Pension Funds, Insurers and other Financial Institutions

Policymakers, Think Tanks & Multi-Laterals

  • Senior Regulators
  • Senior Central Bank Officials
  • Senior Finance Ministry Officials
  • Industry Association Leaders
  • Industry Think Tank Leaders
  • Multi-Lateral Agency Leaders

Previous Distinguished Speakers

  • Navin Suri

    Navin Suri

    Advisor to the Board of Directors, Elevandi

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    Axel Voss

    Member of the European Parliament,

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    Melissa Guzy

    Co-founder & Managing Partner, Arbor Ventures

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    Rafat Kapadia

    Elevandi

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    Adrienne A. Harris

    Superintendent, New York Department of Financial Services

  • Douglas Elliott

    Douglas Elliott

    Partner, Co-head of Oliver Wyman Forum Future of Money Initiative, Oliver Wyman

  • Karmela Holtgreve

    Karmela Holtgreve

    Director General Strategy and Innovation, Deutsche Bundesbank

  • Sigal Headshot (1)

    Sigal Mandelker

    Ribbit Capital

Related Insights

Framing the Dialogue

Navin Suri, Advisor to the Board of Directors, Elevandi and Rafat Kapadia, Head of Investments,...

The Path Forward: Bringing it All Together

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The Policymaker’s Perspective

Adrienne A. Harris, Superintendent, New York Department of Financial Services

Capital and Policy: Thinking Solutions Together

Axel Voss, Member of the European Parliament; Karmela Holtgreve, Director General Strategy and...

Speech Excerpts: The Policymaker's Perspective

Read DFS Superintendent Adrienne Harris' keynote remarks at the Capital Meets Policy Dialogue,...

Lessons From the Capital Meets Policy Dialogue, Europe Chapter

Prepared by Douglas Elliott, Partner, Oliver Wyman, he shares Lessons from The Capital Meets Policy...