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This is John Batchel, speaking with my colleague, Mary Kissel, Executive Vice President Stevens Incorporated, former senior advisor to the Secretary of State, asking, why has Europe

fallen behind, why is it behind, in prosperity, in growth, in confidence, in self-satisfaction. In AI, Mary has a very

complicated, straightforward answer. Both. Here's Mary Tissell on Europe's challenge.

More of this tonight. Well, Europe spent more in terms of government spending as a percentage of GDP than

we did. Europe taxed more. Europe regulated more. And Europe choked its energy industry, which, of

course, is the, in many cases, the cause of inflation in the country and persistently high input costs for every industry over there.

So it's hard to point to an area where they did anything better than we did.

In fact, they did nothing better than we did.

That's why we're the world's leaders in technology and the development of, you know, various sorts of

services and health care breakthroughs and biotech and, you know, even, you know, old line industries,

like some of the ones I'm involved in, right, freight or, you know, supply chain, materials

distribution, you know, we're integrating AI and leaps and bounds ahead of

European counterparts.