Where AI Can Help European Institutions

Artificial intelligence can lower information costs, support analysis and improve coordination. But it does not automatically solve an institutional or economic problem.

The underlying mechanism

A mechanism-first approach asks what fails, why it fails and what change would improve the outcome. AI is then evaluated as one possible enabler, subject to costs, accountability and human oversight.

Continue in the book

The full argument, evidence and proposed responses are developed in The Wealth of European Nations.