Author: Cecilia Bonefeld-Dahl, director general, DIGITALEUROPE

The tech race is on, and Europe is falling behind. In seven of the eight critical technologies that will shape the future – from space tech to quantum computing – we lag other economies. Targets for big data, artificial intelligence (AI) and cloud adoption are slipping out of reach. Our GDP growth has stagnated while others race ahead. According to Banco Santander, if we had grown at the same rate as the US since 2000 we would have added 11 million jobs and created €300 billion in tax revenue. Instead, we are 30% behind. As Mario Draghi noted, these two…

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