Macron Champions Tech Boom and Global Wealth Tax in CNBC Interview

Macron praises France's tech industry for driving economic growth and social mobility.

  • Macron praises France’s tech industry for driving economic growth and social mobility.
  • Calls for proactive measures to address AI’s impact on jobs and advocates for global wealth tax.
  • Highlights importance of international cooperation in AI regulation and ambition for France to lead in AI.

French President Emmanuel Macron recently touted France’s burgeoning tech industry as a catalyst for economic growth and social mobility in an interview with CNBC. Macron emphasized the success of France’s “Choose France” summit, attracting significant investment and fostering opportunities for skilled and unskilled workers alike in the tech sector.

While acknowledging the transformative potential of artificial intelligence (AI) on productivity, Macron stressed the need for proactive measures to mitigate potential job displacement. He called for investment in education and retraining to adapt to the changing job landscape driven by AI.

Macron also expressed ambition for France to lead in AI innovation while advocating for international cooperation in regulating AI to ensure it serves humanity. Additionally, he championed the idea of a global wealth tax as a means to address growing wealth inequality, criticizing the recent opposition from the US Treasury Secretary. Macron sees a global wealth tax as a more effective solution than national measures in promoting fairness on a global scale.