How AI Is Affecting Productivity and Jobs in Europe
AI adoption in Europe boosts labor productivity by 4% without short-term job losses, but benefits favor larger firms capable of investing in complementary assets. Disparities exist, as medium and large firms gain more than smaller ones, highlighting the need for policies aiding smaller firm growth. Policymakers should foster financial markets and promote investments in skill development and integration for AI. Concerns remain about long-term impacts, particularly on income inequality.
https://cepr.org/voxeu/columns/how-ai-affecting-productivity-and-jobs-europe















