FRANKFURT, March 23 (Reuters) – Artificial intelligence could lift euro zone productivity growth by more than 4 percentage points over the next decade, although a prolonged energy shock could slow progress, European Central Bank chief economist Philip Lane said on Monday.
While the ECB’s immediate focus is the conflict in the Middle East and what it may mean for inflation, Lane highlighted AI as a key long-term driver for the bloc’s economic fortunes.
AI may boost euro area productivity growth by 4% in 10 years, ECB says | Reuters