The EU needs ‘mountain of investments’ but not at the expense of its social model, Commissioner says

How can we keep Europe’s competitiveness and social model in a rapidly changing environment? This was at the heart of the debate at this year’s Brussels Economic Forum organised by the European Commission on Thursday amidst experts’ warning that artificial intelligence has become a reality and machines can soon outperform humans in some specific tasks. The European Commissioner for Economy, Paolo Gentiloni, insisted that the only way Europe can make it is by preserving its social “acquis”, and addressing the tremendous need for investments while transitioning into a digital economy. “It has to…

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