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IMF tells EU ministers AI could boost growth but increase economic strains

🤖 AI Could Boost Europe—At A Cost

Published by OOPSONLINE.IN · Source: Reuters · 1 min read · · Updated

❤️ OOPS SAYS

A potential 1% productivity boost in exchange for strained power grids and worse inequality? Truly, the future has never looked more efficient.

What actually happened

Artificial intelligence ‌could lift European productivity by about 1% over five years, but risks widening inequality, straining power networks and increasing dependence on foreign technology unless governments deepen economic integration, an International Monetary Fund paper said.

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