The Economic Opportunity of AI in Greece: Growth, People and the Future of Work

Technology is about people, not just machines

When we talk about Artificial Intelligence in Greece, the conversation usually gravitates toward algorithms, infrastructure and productivity statistics. But the real story is human. Generative AI, the ability of machines to understand and create text, images and sound, represents more than a technological leap. It is a cultural shift that reshapes how we work, learn and participate in society.

A recent study by Implement Consulting Group for Google suggests that Greece could gain €10–12 billion annually from widespread adoption of generative AI over the next decade. Yet these numbers only make sense if we understand what sits behind them: choices about skills, fairness, inclusion and confidence in technology.

A major economic boost, if Greece acts quickly

The study estimates that generative AI could increase Greece’s GDP by 6% within ten years. This growth comes from three combined forces:

Higher productivity for workers who use AI as a co-pilot
Time saved through task automation
Human time reallocated to higher-value, creative and interpersonal tasks

Importantly, the study emphasises that generative AI does not work by replacing humans, but by complementing them. About 62% of jobs in Greece are expected to benefit from AI support. Only a small portion of roles, mainly administrative and repetitive tasks, face high levels of automation, and even those can shift into new forms of work.

Greece is behind today, but could leapfrog ahead

Greece ranks low in AI readiness across infrastructure, research output, commercial uptake and digital skills. If the country continues at this pace, the economic impact of AI adoption could fall dramatically from 6% to only 1% of GDP.

But there is also a promising scenario: Greece could leapfrog. Because generative AI is easier to use than previous technologies, countries that lacked earlier digital investments can adopt the new tools more rapidly. If Greece accelerates adoption by empowering its talent base and fostering innovation, the potential GDP boost could reach 8%.

The human dimension: skills, concerns and new possibilities

AI adoption is not only an economic question, it is a social one. The study highlights several key dynamics:

• Women in Greece are more likely to be positively complemented by AI, but also more likely to work in roles with automation risks.
• Workers with lower digital skills can benefit the most from AI assistance. Experiments show performance improvements above 50% when supported by generative models.
• SMEs, representing 85% of Greek employment, have enormous potential but face barriers such as cost, uncertainty and lack of expertise.

The shift is not merely technical, it touches identity, dignity and the way people perceive their place in the labour market. For a country where work is intertwined with self-respect and stability, AI must be introduced with empathy and clarity.

What Greece needs to do next

• Integrate AI literacy into education and lifelong training
• Create a supportive regulatory environment
• Invest in computational infrastructure, data ecosystems and research centres
• Provide hands-on guidance to SMEs
• Mobilise the Greek scientific diaspora and attract high-level talent back home

AI as a chance to redesign the social contract

Generative AI is not only about boosting GDP. It is a chance to build a society where people spend more time on meaningful work and less on routine tasks. It is a catalyst for creativity, inclusion and new forms of economic participation.

Greece has a rare opportunity: to transform a technological shift into a human-centred renaissance. The question is not whether AI will change our future, but whether we will choose to shape that change together.

Source of this article: The-economic-opportunity-of-generative-AI-in-Greece.