Each country will have to become more self‑sufficient in the future.
Producing enough food for domestic consumption will be one of the highest priorities for any nation.
I sense that AI will disrupt the Western labor market, where services dominate the economy.
As a result, the West may lose purchasing power and the ability to buy resources from the East.
Eventually, Western countries may have to abandon net‑zero emissions policies. They may need to ramp up domestic oil and gas production and bring more manufacturing back home.
The EU economy is heavily service-based, with services generating around 70-74% of the EU's GDP and employment. AI will not be kind to us in the future. Disruption is already noticeable.
Data from Eurostat, the European Union.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Each country will have to become more self‑sufficient in the future.
Producing enough food for domestic consumption will be one of the highest priorities for any nation.
I sense that AI will disrupt the Western labor market, where services dominate the economy.
As a result, the West may lose purchasing power and the ability to buy resources from the East.
Eventually, Western countries may have to abandon net‑zero emissions policies. They may need to ramp up domestic oil and gas production and bring more manufacturing back home.
The EU economy is heavily service-based, with services generating around 70-74% of the EU's GDP and employment. AI will not be kind to us in the future. Disruption is already noticeable.
Data from Eurostat, the European Union.