The European Investment Bank EIB published a report which concluded that companies and governments in Europe are substantially underinvesting in artificial intelligence AI and blockchain. This is especially in comparison with other leading regions. While virtually all sectors in the EU economy are embracing AI technologies, deployment has been more systematic in certain sectors and the application of AI varies across jurisdictions.
In Europe, the United States and India, a relatively large share of AI firms operate in information and communications or in professional, scientific and technical activities.
But on the supply side, venture capital investors, banks and other financial providers need to have sufficient capital for investing, the right tools to assess complicated technologies, and the willingness to invest in them.
AI and BC SMEs seeking external financing SME survey results Besides supply and demand, the study also examined the market matching system, which brings together small and medium firms and investors to the benefit of all parties.
Finally, the study analysed the overall innovation ecosystem and its value chain, in which all players need to bitcoin pool distribution in a coordinated manner, with government initiatives having a central role in defining strategy, and prioritising and enabling the cooperation of such key players.