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European Central Bank President: “The European economy will soon deteriorate.”
My dream is to see victory
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EUROPEAN
CENTRAL BANK
EN
EURoSYSTEM
SPEECH
The economic and human
challenges of
transforming era
Speech by Christine
Lagarde President of the
ECB, at “Les Essentiels des
Bernardins” Paris
This
me to the second trend:
Europe is falling behind in emerging
technologies that will drive the future
growth
While the impact of artificial intelligence
(Al) on growth is still uncertain,
estimates suggest it could be
transformative[8] But the EU is caught
in what has been called a “middle
technologytrap”
We are
specialized in
technologies that were mostly
developed in the last century: Only four
of the world’s
50 tech companies
are
European.
One
The reason we are lagging behind
is because of our innovation and
financing
ecosystems are not suited to
developing new advanced technologies.
“Today’s world is an era of extreme technological change. But Europe
He is no longer a leader in academic circles. Artificial intelligence is changing the world
But Europe is
Secondary Technology Hapjeong
I’m stuck in it; Europe has been
Excellent only in technical skills and industry.
Europe is being left out of new technologies and new industries for future growth.
If we continue like this, we will lose the security and environment we used to enjoy.
Even the economic foundation will disappear.
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