Vienna, November 27, 2024 – A city renowned for its intellectual and cultural heritage witnessed an electrifying gathering of global minds at the “AI & The Future: The Age of Machines” meetup. Organized by the VIGS Institute, a Vienna-based research institute dedicated to solving global problems in the 21st century, the event brought together experts and visionaries to explore artificial intelligence’s transformative power and its implications for humanity.
The event marked a pivotal moment for the organization, being its inaugural large-scale public event. Dr. Zoltan Acs, director of the Institute, set the tone with an inspiring keynote reflecting on Vienna’s historical significance as a hub of innovation. “Vienna and Budapest were once the epicenters where the future was imagined,” he said, highlighting the institute’s mission to revive that legacy through groundbreaking research and dialogue.
Engaging Discussions with Global Leaders
The highlight of the evening was a riveting panel discussion featuring a lineup of distinguished speakers:
- Tanya Soman, Managing Partner of Southpaw Capital, who explored how AI is reshaping venture capital and the future of investment.
- Chris McCann, General Partner at Race Capital, shared insights on Silicon Valley’s approach to AI innovations and the evolving landscape of entrepreneurship.
- Bonnie Factor, a Philippine-based AI consultant, discussed how generative AI is revolutionizing industries in emerging markets, particularly through hybrid AI solutions.e
- Marta Ordeig, Founder of Garage Stories, emphasized the critical role of storytelling in navigating AI’s rapid advancements and fostering inclusive futures.
- Peter W. Szabo, a seasoned entrepreneur and AI expert, shared his journey of building startups specializing in predictive and generative AI and highlighted the practical challenges and opportunities in scaling AI solutions globally.
The panel dove deep into critical topics, including the potential for AI to automate jobs, its role in international collaboration, and the urgent need for ethical frameworks. AI isn’t just changing industries—it’s changing how we live, communicate, and envision the future.
A Global Perspective on AI
In keeping with its international ethos, the meetup featured voices from across continents, reflecting diverse perspectives. Panelists explored topics such as the rise of AI adoption in emerging markets, the ethical challenges faced in the tech industry, and the practical applications of AI-powered tools already reshaping industries like e-commerce and architecture. The discussion ranged from AI’s potential to redefine creativity to its impact on economies traditionally reliant on human labor, providing a comprehensive overview of the opportunities and challenges ahead.
The audience, comprising tech enthusiasts, academics, business practitioners, and entrepreneurs, engaged actively in the Q&A session, adding vibrant energy to the discussion. A standout moment came when an audience member remarked on the inclusivity gap in AI adoption, emphasizing the need for accessible and practical AI applications for all socio-economic groups.
Bridging Theory and Practice
Dr. Acs eloquently framed the institute’s dual focus on theoretical research and practical application. He reflected, “AI is a tool—it’s up to us to determine whether it enhances human well-being or exacerbates inequalities.” This guiding principle underpins the VIGS Institute’s mission to foster multidisciplinary collaboration and address the world’s pressing challenges through innovation.
Looking Ahead
As Vienna positions itself as a key player in global AI discourse, the VIGS Institute is committed to fostering discussions that inspire action. This meetup not only celebrated the promise of AI but also laid the groundwork for future collaborations across industries and borders.
The VIGS Institute extends heartfelt thanks to all panelists, attendees, and partners for making this event a resounding success. Together, we’re shaping a future where technology empowers humanity.
You may find the recording of the panel discussion on this link.
