The country benefited from a jobs boom after attracting US multinationals, but some of these roles are being cut in the name of AI efficiency.
Commuters pass through the 'Silicon Docks' area in central Dublin, Ireland, on Monday, Oct. 16, 2023. Ireland�detailed plans to transform one of Europe�s rare budget surpluses into a sovereign fund expected to grow to around �100 billion ($106 billion) over the next 12 years to protect the economy from future downturns.
Ireland may be a bellwether for how an economy can bet its future on technology and lose.
Commuters pass through the 'Silicon Docks' area in central Dublin, Ireland, on Monday, Oct. 16, 2023. Ireland�detailed plans to transform one of Europe�s rare budget surpluses into a sovereign fund expected to grow to around �100 billion ($106 billion) over the next 12 years to protect the economy from future downturns.
The country benefited from a jobs boom after attracting US multinationals, but some of these roles are being cut in the name of AI efficiency.
Commuters pass through the 'Silicon Docks' area in central Dublin, Ireland, on Monday, Oct. 16, 2023. Ireland�detailed plans to transform one of Europe�s rare budget surpluses into a sovereign fund expected to grow to around �100 billion ($106 billion) over the next 12 years to protect the economy from future downturns.
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Bloomberg Markets
Bloomberg Technology
