AmCham Cyprus hosted a pivotal roundtable on the national artificial intelligence strategy, bringing together business leaders, policymakers, and stakeholders to focus on the implementation of AI in Cyprus. Held on Friday, the event featured Chief Scientist Demetris Skourides, who chairs the National AI Strategy, and centred on the theme ‘Building Cyprus’s AI Future From Vision to National Framework’.
Photo: cyprus-mail.com
National ai: Harnessing AI for Economic Growth
During the discussions, participants explored how Cyprus can leverage artificial intelligence to foster innovation, enhance competitiveness, and promote sustainable economic growth. As AI technology continues to reshape industries on a global scale, AmCham Cyprus emphasised the need for a coherent national vision supported by a practical AI framework.
Photo: cyprus-mail.com
From Vision to Action
A key focus of the event was the progression of the National AI Strategy, with a strong emphasis on transitioning from strategic planning to actionable implementation. Participants agreed that broad stakeholder involvement is crucial for the successful deployment of AI initiatives across the country.
Collaboration Across Sectors
AmCham Cyprus pointed out that future AI initiatives must be developed through collaborative efforts among businesses, government entities, academia, and civil society. This partnership approach aims to create a robust framework that delivers measurable benefits to all sectors.
Enhancing Competitiveness and Innovation
- Improving Productivity: Participants discussed ways AI could boost productivity and efficiency within existing industries.
- Creating Business Opportunities: The conversation highlighted the potential for AI to open new avenues for businesses in Cyprus.
- Attracting Investment: Attracting technology companies and research talent was identified as a priority for building a supportive innovation ecosystem.
Accelerating AI Adoption
As the conversation progressed, strategies for hastening the adoption of AI across both public and private sectors were deliberated. Participants identified several crucial priorities, including:
- Digital Transformation of Public Services: Implementing AI technologies to enhance the efficiency and accessibility of public services.
- Workforce Preparation: Ensuring that the workforce is equipped with the necessary skills for an AI-driven economy.
- Governance Framework: Establishing a governance structure based on transparency and responsible AI deployment.
Strengthening Stakeholder Cooperation
The event underscored the necessity of stronger cooperation among government, industry, academia, and societal actors to fully harness the benefits of AI. AmCham Cyprus reiterated the view that AI should not merely be viewed as a technological advancement but as a strategic national priority.
Opportunities for Regional Leadership
“Through collaboration, stakeholder engagement, investment in talent, and responsible implementation, Cyprus has a unique opportunity to establish itself as a regional leader in artificial intelligence and digital innovation,” stated AmCham Cyprus. This vision aligns with the ongoing global trend towards digital transformation and the increasing significance of AI in various sectors.
Appreciation for Contributions
AmCham Cyprus expressed gratitude to Demetris Skourides for sharing his insights during the event and acknowledged the valuable contributions from all participants. The chamber described the roundtable as a meaningful dialogue on shaping the future of artificial intelligence in Cyprus.
As Cyprus navigates this transformative phase, the commitment to a national AI strategy will be pivotal in ensuring that the country remains competitive and capable of seizing the opportunities presented by technological advancements.
