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Raiffeisen Economic Forum 2022: Exploring the Impact of AI on Various Industries

The Raiffeisen Economic Forum on Tuesday in Velden was the best proof that artificial intelligence (AI) cannot replace human contact. Except for every last seat and even standing room, the casino was filled with people interested in AI and the economy. The popular forum, which is organized by the Carinthian Raiffeisen banks – the Landesbank and the 27 independent district banks – together with the Kleine Zeitung, took place for the 31st time. “65 percent of banking processes will be able to be optimized by AI in the future,” revealed the Raiffeisenlandesbank board spokesman Manfred Wilhelmer. “Of course, AI can only be as good as the data it has available. But in the end, humans should make the decision and AI should only support them.”

The guests could only agree with this. “AI will also revolutionize law firm work, but will never make legal decisions,” said the lawyer Ferdinand Lanker. “I can’t imagine that AI will one day sell real estate,” he said Manfred Siller, Managing Director of Siller Real Estate. “I see great potential for using AI in the financial and healthcare sectors,” says tax advisor and business angel Christiane Holzinger. What does AI bring to industry, to tourism, to the insurance industry? The RLB board directors George Messner and Gert Spanz welcomed, among others, IV President Timo Springer, WK Director Meinrad HöffererUniqa country director Hannes Kuschnig, the CEO of the Styria Media Group, Markus Mair, Notarin Katharina Haiden-Fill, Barbara Wiesler-Hofer (KSV 1870), entrepreneur Werner Kruschitz, WK Vice President Astrid Legner, the former head of Kärnten Werbe, Christian Kresseentrepreneur Renate Sandhofer (Gesa). Small newspaper managing director Thomas Spann and editor-in-chief Wolfgang Fercher also see AI possible uses in the media, but: “The most important factor remains people.” State politics was with LHStv. and technology officer Gaby Schaunig, Health officer Beate Prettner and LHStv. Martin Gruber well represented. Uwe Sommersguter, Head of the business editorial team at the Kleine Zeitung served as moderator for the afternoon, which he called a “foray through the universe of disruption”. The greeting message from a star guest was impressive: Raiffeisen founder Friedrich Wilhelm Raiffeisen appeared on the screen as a modern avatar with nerd glasses. His credo “What one cannot do, many can do” is still relevant today.

2024-03-12 20:32:50
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