• Sun. Mar 3rd, 2024

Unprepared for the AI Revolution: Hannes Androsch Warns Europe to Act Fast and Catch Up with Global Leaders

ByEditor

Feb 11, 2024
Austria falls significantly behind in the field of artificial intelligence

Hannes Androsch, an industrialist, believes that artificial intelligence will have a significant impact on all aspects of life in the near future. He warns that while there is excitement about the topic, it is important to prepare for its potential influence. Androsch notes that Europe, including Austria, is behind the Americans and Chinese in terms of research and training in AI. To catch up with global leaders, he emphasizes the need for great efforts in these areas.

Androsch also criticizes the lack of support for schools and research spending in Austria. He points out that the funding process for research is slow, which puts them at a disadvantage in the fast-moving field of AI. Private investors have been investing in basic research, which Androsch sees as unique in Europe. However, he calls for a more future-promoting economic policy that supports innovations and technologies such as AI, microelectronics, and biotechnology.

Clemens Wasner of AI Austria emphasizes that basic research in the digital world is no longer far removed from actual applications. He points to the rapid development and mass market success of AI models and urges Austria to adapt and wake up to the pace of advancements in the field.

Androsch also expresses skepticism about political statements regarding elections and believes that any near-term improvement will require significant improvements in research, training, and economic policy in Austria to keep up with global advancements in AI and other technological innovations.

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