Kenneth Rogoff explains how the continent could lose the AI race but turn its way of life into an export industry.
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Innovation
Jul 3, 2026
Kenneth Rogoff
Glacial growth, aging welfare states, and a shortage of centrist leaders suggest Europe faces a major debt crisis in the years ahead. But its emphasis on leisure over work could become a decisive advantage, positioning the continent as the leading model for thriving in an age of AI-driven abundance.
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