The rapid proliferation of generative artificial intelligence has triggered a massive industrial revolution within the technology sector, but it has arrived with a significant environmental cost. New data from the industry’s primary architects—Microsoft, Google, and Amazon—reveals that the frantic race to build the infrastructure necessary to power the AI age…
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By Kenneth Rogoff July 3, 2026 PARIS — To the casual observer of global economic trends, the European Union is currently locked in a precarious state of stagnation. Beset by glacial growth rates, the crushing fiscal weight of aging welfare states, and a palpable shortage of centrist political leadership, the…