The Future of AI: A Glimpse into the Evanta Discussion on November 29th

On November 29th, I had the honor of participating in a high-profile panel discussion at Evanta, which delved into the astonishingly rapid progress of Artificial Intelligence (AI). Moderated by Sandeep Sen from #Linde, the debate with prominent figures from various industries focused on the latest developments in Generative AI and its impact on values and risks. #AI #GenerativeAI #Innovation

Over the past 12 months, we have all witnessed an exponential leap in the focus on AI, driven by Generative AI with two distinct characteristics: large learning models on scale with a natural user interface and a reasoning engine. This combination has not only propelled the value of Generative AI in various industries but also in non-industrial fields like Medicine, Arts and Legal. #TechTrends #DigitalTransformation

However, this progress also casts a shadow which has become the subject of political debates. Regulations are being designed t control risks of this technology. The discussion at Evanta brought together experts from Mobility, Financial Services, Agriculture, and other key industries to illuminate the value of Generative AI compared to the risks and discuss how this balancing act can be managed. #EthicalAI #TechDebates

The panel questions were pointed and provided insight into the challenges that companies face, from distinguishing between AI and Generative AI to addressing access to resources and the question of responsibility within the organization. #AIManagement #CorporateInnovation

The question of the value gained from Generative AI or whether it is just hype was thoroughly explored, with moderator Sandeep Sen sharing his own experiences and steering the discussion toward individual productivity and corporate value.

Within #BayWa, we are also actively working on these topics to ensure that we not only understand the benefits of Generative AI but also master the associated risks and act responsibly. We firmly believe that the proper utilization of AI not only helps optimize our corporate processes but also promotes sustainable and ethical development in the digital era.

I look forward to continuing ?such discussions and contribute to shaping the future of AI.