Five Reasons Why You Should Attend AI Tech Summit

The world is at a turning point where artificial intelligence (AI) and technology lay the foundation for the next industrial revolution. From healthcare and finance to manufacturing and retail, AI and technological innovations are transforming existing industrial landscapes and driving waves of innovation that were previously unimaginable. In light of these dynamic changes, the AI Tech Summit has become an indispensable event for every professional seeking to explore the latest solutions in the field of artificial intelligence, regardless of their industry. This event not only provides an opportunity to learn about the latest technological advancements but also offers a platform to hear from inspirational leaders in the industry who will share their experiences and visions with you. Below, we present five key reasons why you shouldn’t miss the AI Tech Summit taking place this September in Skopje. 1. Focus on Ethical Issues and Governance As the concept of artificial intelligence has become a part of our daily lives, there is growing concern about ethical issues and governance in the public sphere. Many believe that this phenomenon will entirely reshape the world as we know it, becoming an indispensable part of our functioning. Consequently, some of the unavoidable questions that each of us asks relate to ethical standards in AI governance: “Will this compromise my privacy? How secure are my data? Can artificial intelligence pose a threat to our existence?” At the AI Tech Summit, you will gain deeper insights into the importance of ethical principles and proper governance in the field of artificial intelligence. It will explore how AI technology can be used while adhering to ethical norms, how we can ensure that its benefits are harnessed for the betterment of society and individuals, and what the greatest ethical challenges in AI technology are. If you want answers to these questions and many others, the AI Tech Summit is the right place for you. 2. Revolution in the Financial Industry The financial industry is one of the sectors that has undergone significant transformations thanks to the rapid advancement of artificial intelligence. At the AI Tech Summit, you will have a unique opportunity to explore how this sector is being transformed through innovations and technological advancements brought about by artificial intelligence. One of the most striking ways AI influences the financial industry is by improving decision-making processes. AI-based systems analyze vast amounts of data and identify patterns that would be hard to discern with the human eye. At the AI Tech Summit, you will learn how these systems contribute to faster and more precise decision-making, enhancing the overall operations of financial organizations. Leaders from the AI industry will share their insights and experiences at the summit, providing concrete examples of how artificial intelligence is shaping the future of this sector. Through real-world examples, attendees will gain insights into the revolutionary ways in which artificial intelligence is integrated into the daily operations of financial institutions and systems. 3. Business Optimization Through Data One of the key advantages of artificial intelligence is its capacity to learn from data. At the summit, you will discover how AI technology employs deep learning processes for continuous improvement. In today’s digital age, organizations generate vast amounts of data every day. At the AI Tech Summit, you will learn how this data can be leveraged as a valuable resource for developing innovative strategies and business models. Artificial intelligence enables you to deeply analyze this data, uncover hidden patterns and regularities, and make better-informed decisions based on that analysis. 4. Generative Artificial Intelligence: Innovating Engineering and Manufacturing Design In the fields of engineering and manufacturing, we are constantly searching for new ways to enhance efficiency, optimize processes, and develop innovative products. At the AI Tech Summit, doors are opened to the world of generative artificial intelligence, an aspect of AI technology that brings revolutionary changes to these areas. Through practical examples, you will discover how organizations use generative artificial intelligence to create groundbreaking products and solutions. From machine parts to architectural concepts, generative AI opens new horizons for innovation, enabling faster and more efficient development of new ideas. 5. Co-evolution of Artificial Intelligence and Humans: Partnering for Human Advancement In a world of ubiquitous technology and rapid technological progress, the relationship between artificial intelligence and the human race has become increasingly relevant. At the AI Tech Summit, you will have the opportunity to learn how artificial intelligence can co-evolve with humans to achieve greater progress and improvements in various aspects of society. As technology, including artificial intelligence, becomes increasingly sophisticated, questions arise about how best to harness its power in line with human values and needs. At the AI Tech Summit, you will discover how human creativity and imagination can be combined with the technical capabilities of artificial intelligence. Through this co-evolution, a new paradigm is created where technology supports human efforts in innovation and solving complex problems. Note: Less than 50 tickets remain on sale The AI Tech Summit will take place in North Macedonia, in Skopje, from September 29 to 30, 2023, organized by TBM Group, a leading European company specializing in organizing world-renowned conferences. We are pleased to be a partner of this event as ICT Cortex, providing our members with special discounts for membership and sponsorship packages. By attending the AI Tech Summit, you will have the opportunity to connect with leading experts in the field of artificial intelligence, including professionals from companies such as Microsoft, Google, Tesla, Boston Consulting, and many others. You will learn about the latest trends and applications of technology and contribute to shaping the future with an ethical and responsible approach to AI technology. If you are interested in this event, you can find more information and tickets on the website www.techsummit.ai. Author: Stefan Blecic

Montenegrin AI Association – MAIA: From Data Science to Practical Applications

Applications Our goal is to raise people’s awareness about artificial intelligence, and we are delighted to have seen a large number of AI enthusiasts at our MeetUps who want to learn, educate themselves, and advance in this field, or to inform themselves about ways in which they can improve their businesses. One of the most significant topics of today that is slowly but surely becoming an essential part of our lives is artificial intelligence. We spoke with representatives of the Montenegrin AI Association – MAIA, now an honorary member of the ICT cluster Cortex, Itana, and Nikola Bulatović, whose organization aims to research, promote, and implement artificial intelligence in everyday life. Artificial intelligence represents an inexhaustible source of possibilities for improving our world, and MAIA focuses on finding ways in which this technology can enhance people’s lives in our community. The members of this organization have established themselves as leaders in the field of artificial intelligence, and their innovative approach enables the creation of a new paradigm in this area. Learn about how MAIA was created, what their views on artificial intelligence are, what challenges they face, what impact artificial intelligence will have on our daily functioning and many other useful pieces of information related to this topic in the following text. From a spontaneous idea to concrete action When asked how they came up with the idea to establish an organization whose focus is on researching and implementing artificial intelligence, Nikola emphasizes that the initiative came about in a fairly spontaneous way: “Given that we are engaged in similar research topics, we came up with the idea of uniting the AI (artificial intelligence) community in Montenegro. Our acquaintances with colleagues who are very successful in artificial intelligence research contributed to this, and we decided to start by gathering a small number of people and founding an NGO whose topic would be the development of this field.“ According to our interlocutors, at the very beginning, they focused on building the AI community. Their Slack group gathered a significant number of members in a very short period, who engaged in artificial intelligence, which also contributed to the inclusion of people from different spheres who began to give numerous ideas and suggestions, which was essentially the goal: to unify the AI community under one roof. Artificial intelligence development: “a kind of magic” that has existed for over 40 years As for the concept of artificial intelligence itself, our interlocutors state that it does not represent “some kind of magic“, but that there are scientific research and methods that can be used to prove whether a particular AI system has provided a solution to a specific question. Artificial intelligence as a science has been developing for decades and is by no means a new field. According to them, the revolutionary advancement of AI is thanks to the long-term accelerated progress of electronic computer chips and computer hardware, as well as working environments with which we can easily experiment with algorithms for processing large amounts of data: “The current breakthrough of artificial intelligence has been built up over the past fifty years. The neural networks we use today were created in the 1990s, but could not be applied in practical applications because we did not have computers on which we could run an artificial intelligence system designed for widespread use. Due to the development of computer technology and the expansion of the large amount of data we generate on a daily basis, it was not until 2010 and later that conditions were created for artificial intelligence to become applicable. Only then do we have the opportunity to program artificial intelligence algorithms without having to use supercomputers. Thanks to all of the above, we now have tools that can process large amounts of information much faster, more efficiently, and meaningfully than we could before. Instead of processing a huge amount of data that someone had to analyze manually or using a computer, we can now replace the entire process with an AI algorithm that will analyze the data and extract useful information from it without the need for human intervention“, said Nikola. The concept of AI is not so complicated, as Itana explains, emphasizing that the entire concept of artificial intelligence can be defined simply as the science of data: “People who are typically engaged in this activity will simply say “data science“, which means the science of data, machine learning, or some other form of learning. The fact is that the mention of artificial intelligence opens up a variety of different debates. We can view this phenomenon as an umbrella, under which fall machine learning, deep learning, reinforcement learning, recommendation systems, and all other areas that can contribute with their data.” Focus on education and application of artificial intelligence In addition to wanting to gather people with similar interests and contribute to the development of the aforementioned phenomenon, Itana and Nikola particularly emphasize that in the near future, they will focus on organizing educational programs, MeetUps, and conferences that will be accessible and, as they believe, beneficial to the wider community. Additionally, one of the focuses of their future activities will also be on scientific research with specific projects as their topic: “None of us is an expert who knows everything absolutely, but we are here to learn from each other, which was ultimately one of our main goals. Of course, new focuses are added for the next period, such as expanding our community, organizing events of various types, research, and so on. Also, one of our priorities, which we cannot currently realize, but hope to achieve in a few years, is scientific research on concrete projects, where our engineers and scientists can work on practical applications. Primarily, we would like it to be in Montenegro, meaning that we would like to implement some of the AI solutions that would improve life in our community. Precisely because most of us come from the world of science, we would like to apply the knowledge