Chief Economist of the European Central Bank: AI Will Enhance Productivity, Europe Needs to Help Tech Companies Expand

Techub News reports that Philip R. Lane, Chief Economist of the European Central Bank, stated in a podcast episode of the Hoover Institution that artificial intelligence (AI) will enhance productivity. Philip R. Lane engaged in a discussion with Steven J. Davis, a professor at the University of Chicago, regarding the differences in AI applications between Europe and the United States, and explored what measures Europe needs to take to assist its technology companies in scaling up. (@ecb)