Lagarde: Europe Must Become a Producer of AI Technology

Christine Lagarde, President of the European Central Bank, stated that Europe must become a producer of AI technology to ensure its independence and enhance efficiency. She highlighted that the reliance on imported technology, especially from the U.S., poses risks to the European economy. Lagarde explained that AI will increasingly play a role across various sectors, from inspecting goods to monitoring patients. She warned that losing access to this technology would impact all sectors simultaneously, granting significant leverage to countries controlling it.