Abstract
Following the European Union’s historical process of re-organization, finally forming into the EU, can teach plenty on the European initial and core ambition, to create a united and vital European economic system, which would make Europe become a united economic force, and, not less important, help the local European countries prosper, as well as to handle global and local crises. One of the most important developments of the economic policy making regarding the economic system, has been created in the Treaty of Lisbon, in the name of the New EU 2020 strategy. A 10-year plan which is designed to push the European organizations as well as the European members, towards the opportunities and also the threat of very near future. In this article, I wish to follow this strategy, by understanding the possible connections and implications of Artificial Intelligence (AI) on the future of the EU economic system. By understanding the meaning of AI to the labor market, or to the use of intellectual capital. In the frame of the fourth industrial revolution, the EU’s new strategy can lead to new insights on a possible future for the European (and global) economy, and the EU preparation for the future.
Article
Over the last 100 years or so, the European Union (EU), along with its different transfigurations, has been an organization that sought to create an economic system, along with a joint governmental behavior and a united European policy making, which could lead to a long term strategic thinking that would benefit the included European countries (Bradley, 2017).