An EFG Gamma Foundation Event

The rapid and widespread adoption of artificial intelligence (AI) systems has been one of the major topics discussed over the past few years. Although this technology is still recent, successful use cases can be found across all industries and allow businesses to create new opportunities or to streamline and simplify their current processes. However AI also carries several risks for society, for companies, for economies and markets.

Against this backdrop, and taking the cue from the recent approval of the first AI regulation by the EU (AI Act), on 29 May 2024, the EFG Gamma Foundation hosted the event The impact of AI Regulation on society, business and economies.

It offered valuable insights into the opportunities, risks and challenges posed by AI and explored the importance of the AI Regulation. 

Among other things, during the conference the experts discussed the ethics of AI and its pros and cons for society, presented actual use cases of AI applications in different sectors, and shared their views on the impacts of AI on economies and markets.

GAMMA Foundation (Global Asset Management Methods and Applications) is a private foundation established in 1998 in Lugano, Switzerland. Its mission is to promote the development of research and knowledge in asset management and capital markets, the role and form of public regulation in fund management, and governance. Gamma Foundation has organised more than thirty conferences with academics like Steve Ross, Michael Spence, Robert Shiller, Jeremy Rifkin, Carlo Rubbia and many others in Switzerland and across Europe. It has also supported more than fifty research projects. The chairman of the foundation board is Andrea Beltratti, Full Professor at the Bocconi University of Milan.