Europe is falling behind the US and China in artificial intelligence. The main reasons are a lack of investment, limited venture capital, and challenges in turning research results into successful companies. Economist Philippe Aghion believes Europe has strong scientific foundations but calls for greater ambition, faster innovation, and better conditions for start-ups. Key priorities include increased research funding, more powerful AI infrastructure, and improved conditions for entrepreneurs.
While regulation has positioned Europe as a global rule-setter, it has not yet created technological leadership. To remain competitive internationally, Europe must combine its research strengths with investment, innovation, and a greater willingness to take risks. Only then can it succeed in the long-term AI race.