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Artificial Intelligence (AI) is a hot topic in the European Union, sparking both excitement and fear. Approximately 75% of European employees have interacted with AI, which is being utilized in various fields, from virtual reality to autonomous vehicles. However, concerns about job displacement and the impact on education are prevalent among workers and trade unions.
In Vienna, artist Renate Pittroff showcased how AI can enhance creativity by generating ideas for cultural events. Meanwhile, researchers at TU Wien are using AI to develop life-saving robots, emphasizing the need for responsible application. The rise of AI is reshaping industries, as seen in Estonia, where a startup is employing AI chatbots to streamline negotiations, highlighting both the opportunities and challenges presented by this technology.
• AI is reshaping industries and creating new job opportunities in Europe.
• Concerns about job displacement due to AI are widespread among workers.
AI is being applied in various sectors, including creative arts and emergency response.
Artists are using generative AI to inspire and create innovative cultural projects.
In Estonia, a startup developed chatbots to facilitate negotiations for large companies.
Pactum AI is notable for employing 100 people and enhancing contract negotiations through AI technology.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
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