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Discover how Europe's trillion-dollar tech gap is reshaping global innovation and what it means for the future of AI and cloud computing. In this eye-opening episode, Fredrik Erixson, founder of the European Centre for International Political Economy, discusses the EU's significant underinvestment in cloud computing and AI technologies. He explores the reasons behind Europe's technological lag, the potential consequences for global competitiveness, and possible strategies for bridging the gap. Erixson offers unique insights into the challenges of implementing change in mature democracies and the importance of fostering innovation in a rapidly evolving technological landscape. Timeline: 00:00:00 - Introduction and Fredrik Erixson's background 00:09:00 - Discussion on technological change and its impact on society 00:20:00 - The challenges of implementing change in mature democracies 00:28:00 - Overview of the EU's trillion-dollar gap in ICT and cloud computing capacities 00:37:00 - The importance of AI adoption and its economic impact 00:45:00 - Cloud free trade approach and challenges for European cloud providers 00:52:00 - Future outlook and potential opportunities for European innovation 00:56:00 - Closing remarks and contact information