CORDIS Project
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This project analyzes how firms' focus on artificial intelligence (AI) affects their efficiency, innovation, and employment. By utilizing a large dataset and automated textual analysis, it aims to identify the causes of AI adoption and its implications for economic growth and workforce development.
The European Union (EU) attaches critical importance to AI.
With its new strategy, called the “European approach to AI”, the EU aims to boost investment to foster the uptake of AI by EU firms.
While the potential of AI is widely acknowledged, it is not evident that the focus on AI will translate into the targeted economic benefits.
To date, we lack empirical evidence about the firm-level consequences of firms’ increasing focus on AI.
The reason for this lack of knowledge is a paucity of firm-lev…
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