ECB’s Lagarde Urges Europe to Accelerate AI Adoption Amid Crypto Market Implications
European Central Bank President Christine Lagarde issued a stark warning at a Bratislava conference: Europe risks becoming technologically obsolete without rapid AI integration. Her remarks come as blockchain and AI-convergence tokens like AGI, FET, and OCEAN show unusual volatility.
The speech highlighted a growing divide between US-China tech investment and European caution. 'We're witnessing real economic benefits from AI emerging faster than past technological cycles,' Lagarde noted, indirectly referencing how crypto markets now price AI-related blockchain projects at premium valuations.
Market observers note parallel concerns about AI HYPE inflating crypto valuations. Tokens like RNDR (AI rendering) and AKT (decentralized compute) have seen 300%+ gains year-to-date, outpacing Bitcoin's 60% rise. Yet Lagarde dismissed bubble fears, framing investment cycles as natural to technological adoption.
