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Generative AI set to transform EU economy but requires further policy action

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Generative AI (GenAI) could significantly boost innovation and productivity across key sectors in the EU, from healthcare to education and the cultural and creative industries, according to a new scientific report by the European Commission’s Joint Research Centre (JRC).

Person's hand holding a lightbulb with the word AI. Icons surround it invoking learning, data, cybersecurity, research and analysis

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The outlook report highlights GenAI’s transformative potential for innovation, productivity, and societal change. But it also stresses that its rapid development poses cross-cutting risks—including amplifying misinformation, algorithmic bias, job disruption, and privacy concerns—that demand urgent attention.

Read the Generative AI Outlook Report.

read more…

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