EconomyAI may weaken European workers’ bargaining power, ECB’s Lane says
ECB chief economist Philip Lane said on Tuesday that wider AI use by euro zone companies could limit workers’ ability to seek higher wages. Heavy investment in the technology may also be materially tightening financing conditions.
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Reuters★★★☆☆2026-10-13 21:35Original
AI may weaken European workers’ bargaining power, ECB’s Lane says
Economy