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IMF: AI Threatens Europe's Economy

IMF: AI Threatens Europe's Economy

The International Monetary Fund (IMF) has agreed that artificial intelligence could boost Europe's productivity by nearly 1% over the next five years. However, it also carries risks related to widening inequality gaps, increasing pressure on electricity grids, and deepening reliance on foreign technology. The IMF pointed out that the benefits and costs of AI will be unevenly distributed across European countries and regions, raising the risk of technological dependence on the United States and China. It called for significant investment in infrastructure and strengthening the integration of the European energy market to avoid over-reliance on external technology, noting that about 60% of workers in European economies could be directly or indirectly affected by AI.

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