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If you compare the U.S. to the slightly more technophobic European Union, you can make the case that Europe's limits to technologic growth—through legislation and through risk-averse investment ...
Introduction of new AI-enabled technologies may lead to changes in work practices that carry psychosocial hazards such as a need for retraining or fear of technological unemployment. Psychosocial hazards are those that arise from the way work is designed, organized, and managed, or its economic and social contexts, rather than arising from a ...
The rise of artificial intelligence promises to change the lives of workers around the world. Europe has more exposure to the disruption created by AI, according to the International Monetary Fund .
European Union officials worked into the late hours last week hammering out an agreement on world-leading rules meant to govern the use of artificial intelligence in the 27-nation bloc. The ...
Levels of persistent unemployment can be quantified empirically, but the causes are subject to debate. Optimists accept short term unemployment may be caused by innovation, yet claim that after a while, compensation effects will always create at least as many jobs as were originally destroyed. While this optimistic view has been continually ...
The Artificial Intelligence Act (AI Act) [1] is a European Union regulation concerning artificial intelligence (AI). It establishes a common regulatory and legal framework for AI within the European Union (EU). [2] It came into force on 1 August 2024, [3] with provisions that shall come into operation gradually over the following 6 to 36 months ...
Europe’s AI adopters. The debut of the inaugural Fortune 500 Europe list in 2023 came as businesses were starting to come to terms with the implications of the advent of ChatGPT.
In Nov. 2023, Bosch, SAP, and Hewlett Packard Enterprise backed a $500 million series B funding round, marking one of Europe’s biggest AI funding rounds ever. France’s Mistral AI, led by ...