Here’s the difference between US and Europe: in US tech, productivity gains due to AI will lead to lower employment and higher expectations for the remaining employees. Salaries will remain the same and any increases in profit will of course go straight to the capital owning class. It will continue to be great for a vanishingly small number of people. On the contrary, Europe’s “socialism” makes them well-prepared to deliver the same level of productivity with AI using more people working fewer hours. And their “socialist” attitude toward where that value should go will result in an increased standard of living for everyone. You know, like the AI utopia we’ve all been promised.