Today, Switzerland is celebrating its national holiday and the European Union is celebrating the entry into force of the AI Act. However, it remains to be seen whether the latter is really a reason to celebrate. There are still many unanswered questions, not only the digital association Bitkom complains. Whether Germany and Europe will become innovation hubs for artificial intelligence depends crucially on the further design and implementation of the AI Act, says Bitkom President Ralf Wintergerst.