AI And The Euro-Area Economy

ECB Executive Board Member Philip Lane joins Steve Davis at Jackson Hole to discuss AI’s impact on Euro-area economies, why Europe lags the United States in this area, the role of regulations and VC financing, and the challenges of integrating AI technologies into workflows and production pipelines. 

Recorded on August 28, 2026.

ABOUT THE GUEST

Philip R. Lane is a member of the Executive Board of the European Central Bank, serving since June 2019. Previously, he was Governor of the Central Bank of Ireland, taking office in November 2015.  He was on the academic staff at Trinity College Dublin, where he remains affiliated as an honorary professor, and was assistant professor of economics and international affairs at Columbia University before returning to Dublin. Lane has also chaired the Advisory Scientific Committee and Advisory Technical Committee of the European Systemic Risk Board and was director of the International Macroeconomics and Finance Programme at the Centre for Economic Policy Research (CEPR).

RELATED SOURCES

• “AI and the Euro Area Economy,” keynote speech by Philip R. Lane at the ECB-SAFE-RCEA International Conference, March 2026
• “Firm Data on AI” with Ivan Yotzov and others, 16 March 2026. NBER Working Paper 34836, revised.
• Philip Lane’s ECB website