Monday, May 6, 2019 9:10 am
Data and AI – the “New Oil” or Rather “Dangerous Asbestos”?
Speaker: Dr. Andreas Braun, Managing Director, Accenture
Room:Forum 12 - 14
Ann Winblad called data at CNBC “the new oil”. Since then, there haven’t been too many data-driven business models outside advertising–and certainly not in the brick and mortar industries.
On the other hand, politicians, interest groups, activists, and lobbyists outdo each other with new and often contradicting ideas on how to regulate and govern data.So far mostly personal data was in focus (cf. GDPR, New California Consumer Privacy Act). But just recently in Germany SPD’s Andrea Nahles demands mandatory data publishing for all non-person related (i.e., machine) data, putting EU’s industry at risk.
Now, how can data & analytics (or AI) lead to new sources of wealth? What are the advantages of startups and what is the situation for incumbent companies? What role models and good examples across industries are there? And could there be a European data platform at eye level to the US or China?