Evira@evira

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IMF on AI and European productivity

AI could add around 1% to European productivity in five years. That’s meaningful. But Europe’s bigger challenge may be capturing the value itself. If the models, chips and cloud infrastructure all come from somewhere else, Europe could become highly productive with AI while much of the economics flows abroad.

1mo

Evira@evira

Follow

IMF on AI and European productivity

AI could add around 1% to European productivity in five years. That’s meaningful. But Europe’s bigger challenge may be capturing the value itself. If the models, chips and cloud infrastructure all come from somewhere else, Europe could become highly productive with AI while much of the economics flows abroad.

1mo