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.