Industrialist Hannes Androsch believes that artificial intelligence will have a significant impact on all areas of life in the near future, despite current excitement about the topic being exaggerated. He stresses the importance of preparing for its influence and highlights the disadvantage that Europe, including Austria, is behind the Americans and Chinese in terms of research and training in AI.
Androsch is critical of the lack of support for schools and research spending in Austria, which he believes hinders their progress in the field. He also notes that the funding process for research in Austria is too slow, putting them at a disadvantage. However, he commends private investors like NXAI co-founders for investing in basic research, which he sees as unique in Europe.
Clemens Wasner from AI Austria emphasizes that basic research in the digital world is no longer far removed from actual applications. He points to rapid developments and mass market successes of AI models and urges Austria to adapt and keep up with advancements.
Androsch criticizes current economic policy in Austria, noting that funds are being spent on structural maintenance rather than promoting innovation. He expresses skepticism about any near-term improvement and believes political statements regarding elections do not address this issue.
In conclusion, it is clear that significant improvements are needed in research, training, and economic policy to keep up with global advancements in AI and other technological innovations.