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

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). The outlook report highlights GenAI’s transformative potential for innovation, productivity, and societal change. But it also …

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Commission publishes policy brief on competition in generative AI and virtual worlds

The European Commission has published a policy brief on competition in generative artificial intelligence (‘AI’) and virtual worlds following the two calls for contributions launched in January 2024. The objective of the calls for contributions was to better understand the potential impact of these transformative technologies on competition in Europe, to ensure that their potential …

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