Europe was able to hold its own in the first three industrial revolutions – but it’s lagging behind in the fourth. Industry 4.0 is being built on fast, wireless communications, information processing, and artificial intelligence. So far the US and China lead in AI, and Europe is in danger of becoming a “technology also-ran.”
According to a report by the American Center for Data Innovation, Europe is lagging behind the US and China when it comes to AI across all metrics, including talent acquisition, research in AI, enterprise development, adoption of AI, data, and hardware.