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Stock impact report

Germany must close digital technology gap, Merkel ally says [Reuters (UK)]

DEUTSCHE TELEKOM AG S/ADR (DTEGY) 
NASDAQ:AMEX Investor Relations: telekom.com/en/investor-relations
Company Research Source: Reuters
Germany must close digital technology gap, Merkel ally says | Reuters 4 Min Read BERLIN (Reuters) - Germany must learn to “promote not impede” the use of artificial intelligence, Chancellor Angela Merkel’s chief of staff said, as it seeks to close a digital technology gap between it and other leading economies. Merkel’s cabinet is holding a two-day retreat next week, at the end of which it wants to present an artificial intelligence (AI) strategy to help Europe’s biggest economy adjust to the digital era. Germany has been at the forefront of industrial innovation for decades, but policymakers have been late to realize that its export model, based on traditional manufacturing, is vulnerable, and it is struggling to catch up. Even standard bearers such as Volkswagen ( VOWG_p.DE ) and Daimler are vulnerable, with the likes of Uber posing a threat to mass individual car ownership. The ride-hailing platform belongs to a growing class of asset-light companies that use artificial intellige Show less Read more
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