AI Rules Threaten Germany Economy

Germany could lose 155 billion euros annually if AI training data access becomes too restricted. A new ifo study warns that tighter rules would slow adoption and hurt innovation.

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration

Germany could miss out on €155 billion ($173.43 billion) in annual economic gains if access to AI training data becomes restricted. The warning highlights Europe's struggle to balance AI risk management with innovation. Policymakers are racing to close the technology gap with the United States and China in advanced model development.

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