In the near future, artificial intelligence (AI) is expected to have a significant impact on all aspects of life, according to industrialist Hannes Androsch. While he believes that the current excitement about the topic may be overhyped, it is crucial to prepare for its influence. Androsch also highlights that Europe, including Austria, is lagging behind the Americans and Chinese in terms of AI research and training. He stresses the need for increased efforts in these areas to catch up with global leaders.
Androsch criticizes the lack of support for schools and research spending in Austria. He also points out that the funding process for research in Austria is too slow, which puts them at a disadvantage in the fast-moving field of AI. Private investors, such as the co-founders of NXAI, have been investing in basic research, which Androsch sees as unique in Europe. However, he calls for a more future-oriented economic policy that supports innovations and technologies such as AI, microelectronics, and biotechnology.
Clemens Wasner, a member of AI Austria, emphasizes that basic research in the digital world is no longer far removed from actual 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 advancements in the field.
Androsch criticizes the current economic policy in Austria, noting that funds and subsidies are being spent on structural maintenance rather than on promoting innovation. He expresses skepticism about any near-term improvement and believes that political statements regarding elections do not address this issue.
In conclusion, it is clear that significant improvements are needed in research, training