Greek Prime Minister Kyriakos Mitsotakis came to San Francisco on Monday night to promote Greece, but he also did something that heads of state on trade missions don’t typically do. In front of roughly 250 founders, investors and operators, he said openly that he doesn’t have answers to many of the AI questions leaders around the world are more privately debating.
The prime minister, speaking with this editor at an event hosted by Endeavor Greece, the local arm of a global nonprofit that supports entrepreneurs in emerging and growth markets, described his Bay Area trip as partly a fact-finding mission. He’d spent the morning touring Tesla and Sequoia Capital, among other stops, with plans to head this week to the U.N. General Assembly in New York. But the trip was also meant to build bridges; indeed, he was pitching anyone in tech who might consider setting up shop in Greece, which is set to regain developed market status next year from MSCI, the influential index provider.
“I think it’s another indication that the economy is doing well and that Greece is no longer treated as a special case,” Mitsotakis said.
Mitsotakis, who earned a master’s degree at Stanford and called the visit “a homecoming,” made the economic case first and foremost during our sit-down. Greece is paying down its debt at a record pace, and, he added, borrows more cheaply than the United States. “I don’t know if I should say this,” he told the crowd, smiling.
Image Credits:Daniel Vegera for Endeavor Greece /
It’s not an apples-to-apples comparison. Interest rates are lower across the eurozone, which accounts for part of the difference. But it makes for a strong talking point. As of this writing, Greece’s 10-year bond yield sits around 4.3%, versus roughly 5% for U.S. Treasuries. That would have been completely unimaginable during the debt crisis, when Greek yields topped 40% in 2012.
Mitsotakis was just as eager to talk about how Greece has spent its money. For example, he said that much of the roughly €36 billion Greece received from the EU’s post-COVID recovery fund went into digital infrastructure, including an online portal that lets Greeks handle government paperwork without waiting in line, and a new supercomputer assembled with the help of Hewlett Packard Enterprise in the port town of Lavrio that he said will come online within months to power AI and scientific research in Greece.
Unsurprisingly, he also listed policy changes that can matter even more to tech companies. Greece has changed how stock options are taxed, he said, loosened labor laws, and offers returning Greeks far lower taxes for up to seven years.
We also talked about the country’s growing array of visa programs, though when asked how he measures the success of these, Mitsotakis said the government “still [has] work to do” on processing speed.
He separately volunteered that there has been a stark turnaround at Greece’s public universities, which he said long embraced a “radical leftist approach,” looking down on corporations, and now spin out startups.
Image Credits:Daniel Vegera for Endeavor Greece /
Mitsotakis’s larger goal is to win back the talent Greece lost during its debt crisis, when many of the country’s younger citizens left because they had no other options. He also sees an opening: with American work visas getting harder to obtain, he suggested, more founders should consider hiring in Greece.
It did strike me that the conversation took on a different tone when it turned to AI’s effects on society. Mitsotakis was refreshingly candid about not having a finished plan.
Greece, for example, is instituting a ban on social media for children under 15 as of this coming January, a step many countries are similarly weighing or adopting. He suggested the ban may already be behind the times, however, considering the seemingly addictive nature of AI chatbots.
“Sometimes I feel that we’re already fighting yesterday’s battle,” he said. “What does it mean for our kids to grow up with digital companions or boyfriends or girlfriends?”
He was similarly cautious about AI in classrooms. Greece has run an education pilot with OpenAI aimed at reducing teachers’ administrative work, and he sees promise in personalized AI tutors. But he said the benefits depend on AI not replacing “the hard work of learning the basic skills.” He warned that students are already using chatbots to do their homework, adding: “complacency is a human trait.”
When I asked him about AI infrastructure — Greece has been courting data center investment — he described the country as an outlier. Despite growing opposition to data centers across the globe because of the amounts of electricity and water required to power them, Mitsotakis said that “we have not had any significant reaction” in Greece. He pointed to the fact that Microsoft is building a cluster of data centers near Athens and that AWS recently announced a deal with Greece’s largest utility to build the country’s biggest data center in a former coal region. There, he said, the projects are welcomed.
Unlike many politicians, he didn’t pretend to have answers about what comes next, either. Job displacement “is something which is going to happen,” he said, “and no government and no society is prepared for the speed with which it will happen.”
As for the debate over whether AI development should slow down, he sided with the leaders of the frontier labs who’ve been calling for one. “If the people who are building the models are telling us, ‘We’re not really sure exactly what’s happening with these models,’” especially in how they improve themselves, he said, “we need to listen to them.”
Some form of “smart regulation” is inevitable, he observed, and the U.S. will largely decide what it looks like. Still, he added, Greece would happily host the conversation.
Humanity has created “a form of intelligence that is very quickly exceeding the capacity of the most advanced organ that evolution has ever created,” said Mitsotakis, raising the question of what it means to be human. Bringing together technologists with “the social scientists, the philosophers, the historians,” he said, “I cannot think of a better place to really have these discussions.”
He has a point. Athens is where Socrates badgered his fellow citizens in the agora, the city’s ancient public square, about what makes a good life and a just society. Maybe the questions Silicon Valley is still debating will end up being settled there, too?
The National Peace Committee, spearheaded by former Head of State, General Abdulsalami Abubakar (rtd.), has warned President Bola Tinubu, former Vice-President Atiku Abubakar, Peter Obi and other political actors against inflammatory and inciting campaigns ahead of the 2027 general elections.
The committee issued the warning in a statement jointly signed by Abubakar and Bishop Matthew Hassan Kukah on Monday.
It also raised the alarm over 60 election-related incidents recorded across the country within one month, including political violence, intimidation, threats, attacks on political activities and misinformation.
The statement partly read:
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“To political parties, candidates, and supporters: Immediately stop false, inflammatory or inciting communication. Uphold the commitments of the Accord, verify information before publication, and actively prevent supporters from engaging in unlawful conduct, intimidation, or disruption.
“As the 2027 electoral cycle progresses, the message of the NPC remains clear and unwavering. Every candidate must be able to campaign peacefully; every political party must be able to organise lawfully; and every citizen must be able to make a political choice without intimidation or coercion.
“To INEC, strengthen monitoring of political campaigns and ensure compliance with the Electoral Act 2026 and applicable regulations governing political parties and campaign conduct.
“Where breaches are identified, the commission should take appropriate regulatory action within its mandate and promptly refer suspected criminal violations to the relevant law-enforcement agencies.”
Former Labour Party vice-presidential candidate, Datti Baba-Ahmed, has said he has no regrets about being Peter Obi’s running mate in the 2023 presidential election, insisting that the decision was based on the need to promote unity, forgiveness and trust in Nigeria.
Baba-Ahmed spoke on Monday while delivering a keynote address at the second edition of the Bala AbdulKadir Mohammed Colloquium, held at the Ahmadu Bello International Conference Centre, Bauchi, to commemorate the 68th birthday of Bauchi State Governor, Bala Mohammed.
Reflecting on the 2023 election, Baba-Ahmed said his decision to support Obi was driven by his conviction that fundamental questions about Nigeria’s leadership and democratic future needed to be addressed.
He said, “Up till today, I have no regrets supporting Peter Obi. Fundamental questions were answered. He is a Nigerian, he is in the constitutional line to sit. That is the doctrine. In the same way that Nora stood for the doctrine of necessity because people’s rights were threatened, society’s fate was questioned. I stood for Nigeria in 2023 to need to show forgiveness, and unity, and trust in each other.”
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The former vice-presidential candidate said Nigerians must also develop the courage to oppose oppression and injustice, stressing that leaders should not merely be celebrated but encouraged to use their positions to protect the people.
He said, “There is a duty in appreciating leaders. Why you appreciate leaders is not to massage their ego. What is even more important is to educate others to appreciate, understand, see, and imbibe those single qualities. Nigeria is in need of leaders.”
Baba-Ahmed also spoke about the state of Nigeria’s democracy, saying the separation of powers between the executive and legislative arms of government had been weakened, leaving the National Assembly struggling to effectively perform its constitutional role.
He said Nigerians must begin to stand up for themselves and demand a system that genuinely serves the people, rather than one controlled by a few powerful individuals.
“Why can’t the Nigerian people unite? Why can’t the Nigerian people work together? Why can’t the Nigerian people not stand for themselves, stand for themselves, fight for themselves?” he asked.
He further called for an end to what he described as the growing culture of oppression, saying both leaders and citizens had a responsibility to confront injustice.
Baba-Ahmed said, “The point is that we detest oppression. We detest cheating. We hate bullying. We need leaders that will stop it. Because now, oppression is getting into the DNA of Nigeria. Accepting oppression is getting into the DNA of Nigerian people.”
He also urged Nigerians to support leaders who are willing to speak against injustice, saying the country would benefit from public officials who could defend the rights of citizens even when doing so could put their positions at risk.