The World Leadership Alliance – Club de Madrid (WLA-CdM) in partnership with the Boston Global Forum (BGF) is organizing a Transatlantic and multi-stakeholder dialogue on global challenges and policy solutions in the context of the need to create a new social contract on digital technologies and Artificial Intelligence (AI). By comparing American and European approaches in the creation of a new social contract on AI and digital governance, under the critical eye of former democratic Heads of State or Government, this policy dialogue will stimulate new thinking and bring out ideas from representatives of governments, academic institutions and think tanks, tech companies, and civil society, from both regions. At the same time, the discussion will generate a space to encourage and strengthen Transatlantic cooperation on the new social contract of digital governance in the framework of needed reforms of the multilateral system and will serve as a platform to establish a Transatlantic Alliance for Digital Governance. Besides, the policy discussion aims to discuss the creation of an initiative to monitor governments as well as companies in using AI and generate an AI Ethics Index at all levels.