Greece’s HPE head says AI era will be driven by creativity, not goods or services

Artificial quality (AI) is reshaping economies and creating caller forms of competition, with maturation successful the coming epoch to beryllium determined by creativity alternatively than goods, services oregon code, a starring technology enforcement successful Greece said connected Wednesday.

Speaking astatine the Athens Democracy Forum, Michalis Kassimiotis, managing manager of Hewlett Packard Enterprise for Greece and Cyprus, said the displacement to AI could dramatically boost nationalist maturation but warned that success would beryllium connected the availability of skilled workers.

“In the Industrial Revolution, standard was based connected producing much efficiently; successful the integer age, it was services. In the AI era, the system of standard is based connected creativity, which tin transform depletion patterns successful a state – oregon adjacent worldwide,” Kassimiotis told a sheet titled “The AI Factory arsenic a Business Model.”

He described AI arsenic “a almighty accelerator crossed sectors” that is creating caller forms of competition. But helium besides raised cardinal questions: “How tin these capabilities present existent benefits? And who is ultimately the consumer?”

On policy, Kassimiotis said Europe’s strict regulatory stance connected AI risked holding backmost innovation. “There’s a large debate: innovation archetypal oregon regularisation first. I judge regularisation arsenic it stands does not work – when you restrict innovation, it doesn’t work. Europe cannot beryllium strong lone successful regulating things,” helium said.

If Greece manages to harness AI effectively, helium added, its GDP could emergence “dramatically.” Still, helium cautioned that “to execute this, we request the close quality capital. The large question is: bash we person the indispensable talent?”

The panel, held astatine the Athens Conservatoire, was moderated by Tom Ellis, editor-in-chief of Kathimerini English Edition.

The Athens Democracy Forum is co-organized by Kathimerini successful relation with The New York Times.