Software development productivity can go up 10x for some industries and tasks with SOTA model. If the EU cannot access such model it means the EU cannot produce software at competitive prices. Software is eating the world and if the EU is not in the software business, it has no stakes in the future.
There is no evidence these models substantially increase productivity.
That's a strong statement, isn't it? But so far it seems true. They lower barrier to entry but they don't enable experts to get more things done better. Studies like the METR report show they make experts less productive but with the feeling of being more productive.