The AI summit hosted by President Macron in February was a big moment for Europe, demonstrating innovation and a change of approach at a European level. I put it to the chair of the AI council at the AI committee that Ireland could host a similar AI summit during the hosting of the EU Presidency. That is something that has been taken up by the Minister of State with responsibility for AI, who also appeared before the committee. She indicated that she would prepare a report for the Taoiseach on the AI summit, which she advocates for. Does the Taoiseach agree that the EU Presidency presents a unique opportunity for Ireland to demonstrate that it will be the best in class for certainty when it comes to the regulation of such an important industry?

AI is an enormous issue of enormous consequence for the future of Ireland and the future of the world in terms of economy and society. Its impact will be as significant as the industrial revolution of the 19th century. I spoke to the Minister of State, Niamh Smyth, on this after the committee meeting. Certainly, we will give consideration to this.

I did attend the AI summit in Paris. It was a significant and enormous event involving governments across the world and was co-hosted by the Prime Minister of India, Narendra Modi, and President Macron. There was also a lot of private sector involvement in the conference. I have met a lot of companies in the last while recently and there is absolutely no doubt that the impact of AI on work, behaviour and the economy will be profound. We need to be very clear about the regulatory environment but also see if there are areas in which we can develop particular strengths, given the strengths we already have in human capital on AI and in terms of some of the industries we have here, too.