Europe’s second chance on AI: building an opportunity in factories, labs, and the real economy

For much of the last three decades, Europe has played a back-footed role in the digital economy: influential in regulation, strong in research, but rarely the place where globally dominant technology companies are built. The internet era created extraordinary wealth elsewhere. The same holds true for the recent AI wave, mainly driven by online chatbots created by the data-rich Big Tech giants which have grown up in the internet era. Europe, despite its talent and financial strength, became the...