AI is the project that could drive European capital markets forward to channel savings where they are needed, says Christine Lagarde. It needs capital on a scale that only markets can provide, and the stakes for Europe could hardly be higher
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Will AI suddenly transform the economy and upend our lives? Or is the prospect more mundane? Patrick Minford considers the effects of earlier systemic innovations and believes AI is unlikely to be different from other technology revolutions
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Are American tech billionaires adversaries or role models for Europe? Rebecca Christie writes that the EU should ask what it wants from globally influential tech magnates, not just how to curb them
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The EU’s AI Act was supposed to enter into full effect on 2 August 2026. But while the transparency layer has come into effect, its high-risk regime has been delayed. Marco Perugini argues that the result is a double bind in which Europe loses regulatory sovereignty whether it enforces its own rules or retreats from them
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If frontier AI models can be used to develop their next models, this may lead to an ‘intelligence explosion’ and give a large boost to technological advancement. Davidson et al develop a framework for understanding how AI may transform the economy through new feedback loops
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Predictions of the effects of AI on the economy and society tend to focus on productivity growth, job losses, and shifts in the distribution of income. Karen Dynan, Douglas Elmendorf and Louise Sheiner examine various potential scenarios for the macroeconomic effects of AI on US fiscal policy
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AI has the potential to transform lives and the US economy. Michael Barr warns that artificial intelligence could dramatically narrow or widen economic inequality in the US, depending on the policy choices society makes in the coming years
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Digitalisation is reshaping how financial markets operate, says Christine Lagarde. For Europe, this is above all an opportunity to deepen integration, strengthen autonomy and anchor innovation in trusted public money across markets and payments
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To secure the benefits of an EU-wide incorporation regime an EU Inc. plan for a common company regime should become more targeted and be underpinned by better system infrastructure, Fiona M Scott Morton and Reinhilde Veugelers argue
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AI is challenging how businesses operate. Jonathan Sharp says that organisations must rethink how decisions are made, not just who makes them, but how they are triggered, validated and executed to ensure a successful implementation strategy
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