The Communication on the European Pillar of Social Rights adopted by the European Commission today identifies some key areas “for fairer labour markets and stronger welfare systems”. First of all, according to the Commission, there is a need to address affordability and the cost of living. “As many households continue to face high costs for housing, energy, services and essential goods, the Commission will continue supporting measures that reduce the risk of poverty and strengthen access to essential services”. Furthermore, artificial intelligence should be harnessed “for the future of work and shared prosperity”: “The rapid development and adoption of AI is transforming labour markets, offering major opportunities for innovation, productivity, learning and growth – but raising also important critical questions about the future of jobs, education, skills, social inclusion and public services”. The Communication acknowledges the urgency “for Europe to be ready for these profound changes, ensuring that citizens, workers and businesses fully benefit from AI’s potential. To this end, the Commission will establish a new high-level group on the impact of AI on the labour market.