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

Source: reuters.com

Artificial IntelligenceEconomic DataTechnology & InnovationInfrastructure & Defense
IMF tells EU ministers AI could boost growth but increase economic strains

An IMF paper estimates artificial intelligence could raise European productivity by roughly 1% over five years. The report warns that AI could also widen inequality, strain electricity networks, and deepen Europe’s reliance on foreign technology unless governments pursue greater economic integration.

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