Europe’s productivity gap with the United States predates AI, but AI may be widening it. Fragmented regulations and 27 national markets make it harder for European firms to achieve the scale needed to develop and deploy AI quickly, says European Central Bank Chief Economist Philip Lane. Watch his full conversation with Hoover Senior Fellow Steven J. Davis on Economics, Applied: https://www.hoover.org/plus/research/ai-and-euro-area-economy #PhilipLane #StevenJDavis #EconomicsApplied #HooverInstitution #EuropeanCentralBank #ECB #ArtificialIntelligence #AI #AIEconomy #AIInnovation #Productivity #ProductivityGrowth #ProductivityGap #EconomicGrowth #EuropeanEconomy #EuroArea #Europe #EuropeanUnion #EU #USEconomy #UnitedStates #EconomicCompetitiveness #Competitiveness #Innovation #Technology #TechPolicy #AIRegulation #Regulation #DigitalEconomy #SingleMarket #EconomiesOfScale #EconomicPolicy #Macroeconomics #HooverFellows #HooverPlus
The Hoover Institution, officially The Hoover Institution on War, Revolution, and Peace, is an American public policy think tank and research institution that promotes personal and economic liberty, free enterprise, and limited government.
