Don't Fear AI
An emerging “next production revolution,” enabled in part by artificial intelligence, could boost growth in Europe’s wages, productivity, and GDP. But, as ITIF President Rob Atkinson writes in an essay for the European Investment Bank, fully capturing the benefits of this new production revolution will require EU policy makers and the European public to embrace, rather than slow down, its emergence and the transformation of most EU industries. By embracing AI, robotics, and related technologies, and ensuring workers are able to make effective transitions, EU nations can look forward to a more prosperous economic future.