ECB’s Lane Says AI Is Another Reason to Finish EU Savings Union
Europe’s reliance on bank-based funding prevents the continent from reaping the full benefits of innovation centering on artificial intelligence, according to European Central Bank Chief Economist Philip Lane.
By Jana Randow · Bloomberg Markets
Europe’s reliance on bank-based funding prevents the continent from reaping the full benefits of innovation centering on artificial intelligence, according to European Central Bank Chief Economist Philip Lane.