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GenAI to transform EU economy, but needs further policy action, watchdog says

( June 13, 2025, 11:25 GMT | Official Statement) -- MLex Summary: Generative AI could significantly boost innovation and productivity across key sectors in the EU, but its rapid development poses threats, including privacy concerns, amplified misinformation, algorithmic bias or job disruption, that demand urgent attention, the European Commission's Joint Research Centre said in a report. To ensure that GenAI remains trustworthy and aligned with democratic values and EU laws, close alignment with the EU AI Act, data rules and AI innovation policies is necessary, it said.  Statement follows. The report is published. ...

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