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Category: Business

The decade of Artificial Intelligence

We are already in the middle of the decade of artificial intelligence (AI) and yet this unstoppable technological achievement is often viewed and discussed with skepticism. Is this development really so different from the innovations of the last 50 years that have become an integral part of our current lives and society? I will explains why it is so important, especially for Europe, to understand AI and especially machine learning (ML), and actively promote its use.

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AI Adoption

Nearly 50% of businesses in Germany believe AI is not relevant for them.
And there is another worrying fact. The danger of losing market share to competitors with (more effective) use of AI is described by only 12% of respondents as very large, 19% as large and 36% as medium-sized. It seems that many companies have not yet fully reflected the opportunities offered by AI – including those of their competitors.

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