In Cyprus, over 50 organisations and startups are already leveraging AI across various sectors, Chief Scientist for Research, Innovation and Technology of the Republic of Cyprus, Demetris Skourides has said.

Skourides, who participated in the Learning Innovation Summit 2024 at the University of Nicosia, focused on the transformative potential of Artificial Intelligence (AI) in education and its broader implications for the economy.

According to an official press release, in his speech, Skourides introduced the EU AI Act, which lays the foundation for creating trustworthy, human-centric AI solutions with an emphasis on ethics, traceability, and transparency. He stressed that these principles must guide the development, deployment, and use of AI technologies.

Turning to developments in Cyprus, Skourides shared the news that over 50 organizations and startups are already leveraging AI across various sectors, including healthcare, energy, shipping, retail, and fintech.

Institutions like the Institute of Neurology and Genetics, the Cyprus Institute, Biobank, EnergyIntl, and the Research Centers of Excellence are leading this technological wave.

Skourides emphasized that this rapid adoption of AI will create new job opportunities and require a workforce equipped with advanced digital skills. He expressed confidence that AI “superpowers” for every working professional are within reach, driving economic growth and innovation in Cyprus.

Ethical AI development was a key theme in Skourides’ speech. He highlighted Cyprus’ commitment to adhering to the EU AI Act, which aims to foster trustworthy, human-centric AI that respects fundamental rights, safety, and ethical principles. This comprehensive legal framework will ensure that AI systems developed in Cyprus meet the highest standards of accountability and transparency, he said.

Skourides also participated in a panel discussion on the influence of AI in education.

He reaffirmed his commitment to advancing research and developing AI solutions that empower both learners and educators, while he encouraged educators and industry leaders to collaborate in shaping an educational environment where technology and AI enable individuals to thrive.

He also praised the efforts of Dr. Athena Michaelidou, Minister of Education, Sports and Youth, in modernising Cyprus’ education system and exploring the introduction of AI in learning, the press release ends.