KI Park - AI can improve our lives. We are working on it | Rise of AI Summit 2020

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AI can revolutionize lives, but requires bold entrepreneurship, talent development, and willingness to take risks.Germany's strong foundation must overcome proprietary thinking and build trust in AI solutions.

Key takeaways
  • To succeed in AI, Europeans must be bold, entrepreneurial, and willing to take risks in developing AI solutions.
  • The key to AI development is talent, especially in the areas of programming, data science, and engineering.
  • Germany has a strong foundation for AI development, with 12,000 startups and 700 AI startups, but needs to overcome its own competitive thinking and proprietary mindset.
  • Building trust and track records will help change the mindset of companies and communities to be more open to AI solutions.
  • Corporates need to be courageous and apply AI solutions to become or stay market leaders in their areas.
  • Education is crucial in developing AI skills, with a focus on applicable AI under market economic conditions and providing opportunities for career growth.
  • The KaiPark will focus on innovation, entrepreneurship, and education, with a strong emphasis on transparency, integrity, and respect for human rights and data rights.
  • The platform aims to bring together leaders from industry, academia, and government to create a thriving ecosystem for AI development and application.
  • Germany has the potential to become a leader in AI, but needs to overcome its hesitation and be more open to new ideas and solutions.