Europe in the intelligent age: From ideas to action | McKinsey

Jan 17, 2025 · Streamlined regulation could enable a substantial increase in investments. 10 “Investment: Taking the pulse of European competitiveness,” McKinsey Global Institute, June …

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FAQs about Europe in the intelligent age: From ideas to action | McKinsey Coupon?

Are European businesses optimistic about the digital age?

European businesses on the whole are optimistic about the digital age. A recent McKinsey Global Institute survey found that 55 percent of German executives expect increased digitization and automation to have a positive impact on their businesses in the coming years, and just 12 percent expect a negative impact. ...

Is Europe capturing the opportunities of Artificial Intelligence & Automation?

Europe, while making progress, is behind the US and China in capturing the opportunities of artificial intelligence and automation. Digitization is everywhere, but adoption is uneven across companies, sectors, and economies, and the leaders are capturing most of the benefits. ...

Can Europe compete in the race to develop generative AI?

Can Europe compete in the race to develop and deploy generative AI? Alexander Sukharevsky, senior partner and global leader of QuantumBlack, AI by McKinsey, says Europe enjoys several competitive AI advantages, including talent, culture, and a regulatory framework. ...

How will AI affect productivity growth in Europe?

The application of AI and the automation of activities can enable productivity growth for entire economies. Demographic effects such as aging and falling birth rates are set to dramatically slow the growth in labor supply in Europe, and elsewhere. ...

What is the future of European competitiveness?

Hundreds of concrete proposals have been laid out in recent reports by Mario Draghi, 6 Mario Draghi, “The Future of European Competitiveness: In-depth Analysis and Recommendations,” September 2024. Prime Minister of Italy (2021 – 2022); Enrico Letta, 7 Enrico Letta, “Much more than a market,” April 2024. ...

Does Europe have a digitization opportunity?

Europe has a significant underexploited digitization opportunity. The signs of digitization are everywhere, from smart phones, the mobile internet, ecommerce, to cloud-based services that are used by individuals on the go, at home and at work, on the way to work—and as a way to get to work. ...