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                                                                      Artificial intelligence, blockchain and the future of Europe

                                                                      How disruptive technologies create opportunities for a green and digital economy

                                                                      • Publication information

                                                                        01 Jun 2021

                                                                        138 Pages (PDF/EN)

                                                                        ISBN: 978-92-861-5039-5 (PDF/EN)

                                                                        DOI: 10.2867/126279

                                                                      • Related tags

                                                                        • artificial intelligence
                                                                        • blockchain
                                                                        • Digital and telecoms
                                                                        • Research, innovation and technology
                                                                        Show more Show less

                                                                      Part of the series :

                                                                      • Thematic studies
                                                                      PDF (EN)

                                                                      Description

                                                                      Artificial intelligence and blockchain technologies have the potential to revolutionise the way we work, travel, relax, and organise our societies and day-to-day lives. Already today, they are improving our world: artificial intelligence was crucial in speeding up the development and production of COVID-19 vaccines, while blockchain has the potential to not only disrupt the financial system, but also help us track and report greenhouse gas emissions better, optimise commercial transport and create genuine data privacy protection. The further development of both technologies – guided by ethical and sustainability principles – has the potential to create new pathways for our growth, driving technological solutions to make our societies truly digital and greener, and ultimately keep the planet habitable.

                                                                      This report, produced by the European Investment Bank and the European Commission, provides a global overview of the state of play of both technologies. It shows that Europe needs to address an investment gap of up to €10 billion that is holding back development and deployment of artificial intelligence and blockchain technologies in the EU. It puts forward recommendations how the EU can unleash its full potential in these technologies and reap their benefits for a truly digital and green transformation.

                                                                      31 May 2021

                                                                      Artificial intelligence, blockchain and the future of Europe - Executive Summary

                                                                      This report, produced by the European Investment Bank and the European Commission, provides a global overview of the state of play of both technologies. It shows that Europe needs to address an investment gap of up to €10 billion that is holding back development and deployment of artificial intelligence and blockchain technologies in the EU.

                                                                      Blockchain Artificial intelligence European Union Research, innovation and technology Digital and telecoms

                                                                      All publications in this series

                                                                      • How bad is the Ukraine war for the European recovery?
                                                                      • Recharging the batteries
                                                                      • Unlocking digital connectivity in Africa
                                                                      • A partnership with Africa
                                                                      • Artificial intelligence, blockchain and the future of Europe - Executive Summary
                                                                      • Rural connectivity toolkit
                                                                      • The digitalisation of small and medium-sized enterprises in Italy: Models for financing digital projects - Summary Report
                                                                      • The rise of Africa’s digital economy
                                                                      • Accelerating the 5G transition in Europe - Executive summary
                                                                      • Accelerating the 5G transition in Europe
                                                                      • The EIB COVID-19 Economic Vulnerability Index - An analysis of countries outside the European Union
                                                                      • From starting to scaling
                                                                      • Three foundations: A competitive, sustainable, inclusive Europe
                                                                      • Feeding future generations: How finance can boost innovation in agri-food
                                                                      • Feeding future generations: How finance can boost innovation in agri-food - Executive summary
                                                                      • Smart Cities, Smart Investment in Central, Eastern and South-Eastern Europe
                                                                      • Investing in Europe’s future: the role of education and skills
                                                                      • Inequality in Europe
                                                                      • Migration and the EU: Challenges, opportunities, the role of EIB
                                                                      • Restoring EU competitiveness
                                                                      • Unlocking lending in Europe
                                                                      • ECON Note - The impact of the recession in 2008-2009 on EU regional convergence
                                                                      • ECON Note - PPPs and their financing in Europe
                                                                      • ECON Note n°02-2012 - EIB Priorities Studies
                                                                      • ECON Note n°01-2012 - EIB Priorities Studies
                                                                      • Economic and Financial Reports Volume 01/2010
                                                                      • Economic and Financial Reports Volume 05/2010
                                                                      • Economic and Financial Reports Volume 04/2010
                                                                      • Innovation and productivity growth in the EU services sector
                                                                      • Economic and Financial Reports Volume 03/2010
                                                                      • Economic and Financial Reports Volume 02/2010
                                                                      • Economic and Financial Reports Volume 01/2009
                                                                      • Economic and Financial Reports Volume 01/2008
                                                                      • Economic and Financial Reports Volume 03/2007
                                                                      • Economic and Financial Reports Volume 02/2007
                                                                      • Economic and Financial Reports Volume 01/2007
                                                                      • Economic and Financial Reports Volume 03/2006
                                                                      • Economic and Financial Reports Volume 02/2006
                                                                      • Economic and Financial Reports Volume 01/2006
                                                                      • Economic and Financial Reports Volume 03/2005
                                                                      • Economic and Financial Reports Volume 02/2005
                                                                      • Economic and Financial Reports Volume 01/2005
                                                                      • Economic and Financial Reports Volume 02/2004
                                                                      • Economic and Financial Reports Volume 01/2004
                                                                      • Economic and Financial Reports Volume 02/2003
                                                                      • Economic and Financial Reports Volume 01/2003
                                                                      • Economic and Financial Reports Volume 02/2002
                                                                      • Economic and Financial Reports Volume 01/2002
                                                                      • Economic and Financial Reports Volume 03/2001
                                                                      • Economic and Financial Reports Volume 02/2001
                                                                      • Economic and Financial Reports Volume 01/2001
                                                                      • Economic and Financial Reports Volume 02/2000
                                                                      • Economic and Financial Reports Volume 01/2000
                                                                      • Economic and Financial Reports Volume 02/1999
                                                                      • Economic and Financial Reports Volume 01/1999

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