Hungarian Conservative

Similarly to the French president, German Vice Chancellor Robert Habeck also spoke sharply in his assessment of Europe’s place and competitiveness. In his view, the progress made in the first decades of the existence of the EU has made Europe complacent, ignoring the pace of development in the US and Asia, as a result of which it is far behind its competitors today.

‘Indeed, things are getting so difficult for Xi’s authoritarian directives…China’s economy actually fell into deflation in July, while factory-gate prices also extended declines—its debt is three times its GDP in 2022. Beijing’s consumer price index, the main gauge of inflation, fell 0.3 per cent in July, the National Bureau of Statistics of China (NBS) said, after having flatlined in June.’

The truth of the matter is that AI is here to stay. It is the future. While we may be some time away before, and if, we are confronted with a ‘HAL’ as the astronauts in Discover One, AI could be apocalyptic if it is under the wrong hands. At the same time, would anyone care to tell us whose are the right hands?

The Hungarian economy is among the most open ones, however, it is following technological advancements relatively slowly. This could be dangerous, but if Hungary adopts state-of-the-art technology with the help of public investments, there is a great opportunity for development.