Artificial intelligence is set to have a significant impact on all aspects of life in the near future, according to industrialist Hannes Andros. While there is currently much excitement surrounding this topic, Andros believes that it is important to prepare for its potential impact. Andros also points out that Europe, including Austria, lags behind the Americans and the Chinese in terms of AI research and training. This highlights the need for major efforts in these areas if Europe wants to catch up with global leaders.

Androsch is critical of the lack of support for schools and research in Austria, as well as the slow research funding process. Private investors, such as the co-founders of NKSAI, invest in basic research, which Andros sees as unique in Europe. However, he calls for more forward-looking economic policies that support innovation and technologies such as artificial intelligence, microelectronics and biotechnology.

Clemens Wassner, a member of AI Austria, emphasizes that basic research in the digital world is no longer far from real applications. He points to the rapid development and mass market success of AI models, urging Austria to adapt and wake up to the pace of progress in this area.

Andros criticizes current economic policy in Austria, noting that funds and subsidies are spent on maintaining structure rather than promoting innovation. He expresses skepticism about any short-term improvements and believes that political statements around the election do not address the issue fully. In conclusion, it is clear that significant improvements are needed in research

By Editor

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