Companies that do not utilize AI will disappear. Europe still has a chance, says economist

European industry faces challenges from American and Chinese competition, high energy costs, and the need to adapt to artificial intelligence. Didier Borowski from Amundi emphasizes the importance of leveraging new technologies and enhancing energy independence. He warns that companies failing to integrate AI risk extinction, as competitors will dominate the market. Germany must reinvent its industrial model, particularly in the automotive sector, while maintaining its strategic importance. France, constrained by high debt, focuses on fiscal consolidation, impacting consumer spending and business investments. Despite these challenges, both countries must navigate energy transitions and political uncertainties to remain competitive.