Senior executives, policymakers and investors gathered in London this week for the inaugural Reuters NEXT Europe summit, where discussions focused on artificial intelligence, investment, economic growth and Europe’s competitiveness in the global economy.

Business leaders warned that Europe faces increasing pressure to strengthen its technology sector and attract greater levels of investment.

Discussions highlighted the importance of digital infrastructure, energy security and innovation as governments seek to boost economic growth.

Executives from companies including Vodafone, Warner Music Group, Reckitt and Allianz participated in discussions examining the impact of AI on business operations and future competitiveness.

Participants also explored how companies can adapt to changing consumer expectations and technological disruption.

Artificial intelligence emerged as one of the dominant themes of the event. Business leaders discussed opportunities created by generative AI while also addressing concerns surrounding regulation, intellectual property and workforce transformation.

Economists attending the summit emphasized that future growth will depend heavily on innovation, investment and collaboration between governments and the private sector.

Many participants described AI as one of the most significant business opportunities of the decade.

Source: Reuters